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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Gambian Dalasi/Danish Krone (FOREX:GMDDKK)

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.

FOREX_GMDDKK
Open High Low GMDDKK Price Change
0.13180 0.13180 0.13085 0.13085 -0.00095
Entry Signal

MarketClub’s Trade Triangles for GMDDKK

long term down The long term trend has been DOWN since Sep 13th, 2018 at 0.13200

intermediate term up The intermediate term trend has been UP since Oct 19th, 2018 at 0.13165

short term up The short term trend has been UP since Oct 17th, 2018 at 0.13055

Smart Scan Analysis for GMDDKK

Based on a pre-defined weighted trend formula for chart analysis, GMDDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for GMDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13180 0.13180 0.13085 0.13085 -0.00095
Prev. Close Volume Bid Ask Time
0.13180 0.12980 0.13190 2018-10-19 14:32:56
Want to analyze Gambian Dalasi/Danish Krone GMDDKK or another symbol? Try our Free Forex Trend Analysis Report.