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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Bahamian Dollar/Danish Krone (FOREX:BSDDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.

Open High Low BSDDKK Price Change
6.57205 6.59065 6.56935 6.57920 +0.00715
Entry Signal

MarketClub’s Trade Triangles for BSDDKK

long term up The long term trend has been UP since May 1st, 2018 at 6.17600

intermediate term up The intermediate term trend has been UP since Jan 24th, 2019 at 6.59105

short term down The short term trend has been DOWN since Feb 19th, 2019 at 6.58205

Smart Scan Analysis for BSDDKK

Based on a pre-defined weighted trend formula for chart analysis, BSDDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for BSDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.57205 6.59065 6.56935 6.57920 +0.00715
Prev. Close Volume Bid Ask Time
6.57205 6.53100 6.62740 2019-02-22 13:15:26
Want to analyze Bahamian Dollar/Danish Krone BSDDKK or another symbol? Try our Free Forex Trend Analysis Report.