Forex Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
Danish Krone/Malaysian Ringt (FOREX:DKKMYR)
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 DKKMYR
The long term trend has been DOWN since Mar 28th, 2018 at 0.63852
The intermediate term trend has been UP since Jun 11th, 2018 at 0.63204
The short term trend has been DOWN since Jul 18th, 2018 at 0.63127
Smart Scan Analysis for DKKMYR
Based on a pre-defined weighted trend formula for chart analysis, DKKMYR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).