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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Danish Krone/Malaysian Ringt (FOREX:DKKMYR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_DKKMYR
Open High Low DKKMYR Price Change
0.641685 0.641685 0.641685 0.641685 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKMYR

long term up The long term trend has been UP since Aug 28th, 2018 at 0.644575

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 0.640885

short term down The short term trend has been DOWN since Oct 17th, 2018 at 0.642465

Smart Scan Analysis for DKKMYR

Based on a pre-defined weighted trend formula for chart analysis, DKKMYR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for DKKMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.641685 0.641685 0.641685 0.641685 0.000000
Prev. Close Volume Bid Ask Time
0.641685 0.641300 0.642070 2018-10-20 02:40:06
Want to analyze Danish Krone/Malaysian Ringt DKKMYR or another symbol? Try our Free Forex Trend Analysis Report.