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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2019.

Bangladeshi Taka/Swedish Krona (FOREX:BDTSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BDTSEK
Open High Low BDTSEK Price Change
0.11095 0.11095 0.11075 0.11075 -0.00020
Entry Signal

MarketClub’s Trade Triangles for BDTSEK

long term up The long term trend has been UP since Feb 6th, 2019 at 0.10925

intermediate term down The intermediate term trend has been DOWN since May 30th, 2019 at 0.11310

short term up The short term trend has been UP since Jun 28th, 2019 at 0.11000

Smart Scan Analysis for BDTSEK

Based on a pre-defined weighted trend formula for chart analysis, BDTSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for BDTSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11095 0.11095 0.11075 0.11075 -0.00020
Prev. Close Volume Bid Ask Time
0.11095 0.10860 0.11290 2019-07-15 13:53:51
Want to analyze Bangladeshi Taka/Swedish Krona BDTSEK or another symbol? Try our Free Forex Trend Analysis Report.