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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Danish Krone/Indian Rupee (FOREX:DKKINR)

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.

FOREX_DKKINR
Open High Low DKKINR Price Change
11.3795 11.3795 11.3795 11.3795 0.0000
Entry Signal

MarketClub’s Trade Triangles for DKKINR

long term up The long term trend has been UP since Aug 26th, 2018 at 10.9260

intermediate term up The intermediate term trend has been UP since Aug 21st, 2018 at 10.8070

short term down The short term trend has been DOWN since Sep 20th, 2018 at 11.2605

Smart Scan Analysis for DKKINR

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

+75
Smart Scan Analysis for DKKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.3795 11.3795 11.3795 11.3795 0.0000
Prev. Close Volume Bid Ask Time
11.3795 11.3780 11.3810 2018-09-22 20:58:40
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