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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Danish Krone/Indian Rupee (FOREX:DKKINR)

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_DKKINR
Open High Low DKKINR Price Change
10.9115 10.9285 10.8445 10.8685 -0.0430
Entry Signal

MarketClub’s Trade Triangles for DKKINR

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 10.5645

intermediate term down The intermediate term trend has been DOWN since Dec 31st, 2018 at 10.6515

short term up The short term trend has been UP since Jan 7th, 2019 at 10.7350

Smart Scan Analysis for DKKINR

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

-55
Smart Scan Analysis for DKKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.9115 10.9285 10.8445 10.8685 -0.0430
Prev. Close Volume Bid Ask Time
10.9115 10.8670 10.8700 2019-01-15 18:32:39
Want to analyze Danish Krone/Indian Rupee DKKINR or another symbol? Try our Free Forex Trend Analysis Report.