Forex Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
Brunei Dollar/Danish Krone (FOREX:BNDDKK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for BNDDKK
The long term trend has been UP since Nov 29th, 2018 at 6.0504
The intermediate term trend has been UP since Apr 1st, 2019 at 4.9302
The short term trend has been DOWN since May 24th, 2019 at 4.9448
Smart Scan Analysis for BNDDKK
Based on a pre-defined weighted trend formula for chart analysis, BNDDKK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).