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Forex Trend Analysis Report

Prepared for you on Saturday, October 21, 2017.

Danish Krone/Malaysian Ringt (FOREX:DKKMYR)

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.

Open High Low DKKMYR Price Change
0.668895 0.668895 0.668625 0.668625 -0.000270
Entry Signal

MarketClub’s Trade Triangles for DKKMYR

long term up The long term trend has been UP since Jun 1st, 2016 at 0.62274

intermediate term down The intermediate term trend has been DOWN since Sep 11th, 2017 at 0.67554

short term up The short term trend has been UP since Oct 18th, 2017 at 0.66949

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).

Smart Scan Analysis for DKKMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.668895 0.668895 0.668625 0.668625 -0.000270
Prev. Close Volume Bid Ask Time
0.668895 0.668230 0.669020 2017-10-21 19:10:51
Want to analyze Danish Krone/Malaysian Ringt DKKMYR or another symbol? Try our Free Forex Trend Analysis Report.