Forex Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
Fijian Dollar/Danish Krone (FOREX:FJDDKK)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for FJDDKK
The long term trend has been DOWN since Sep 5th, 2018 at 3.00960
The intermediate term trend has been UP since Oct 1st, 2018 at 3.03320
The short term trend has been UP since Oct 17th, 2018 at 3.01815
Smart Scan Analysis for FJDDKK
Based on a pre-defined weighted trend formula for chart analysis, FJDDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).