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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Gambian Dalasi/Danish Krone (FOREX:GMDDKK)

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.

FOREX_GMDDKK
Open High Low GMDDKK Price Change
0.13135 0.13235 0.13135 0.13235 +0.00100
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 down The intermediate term trend has been DOWN since Dec 20th, 2018 at 0.13150

short term up The short term trend has been UP since Jan 15th, 2019 at 0.13165

Smart Scan Analysis for GMDDKK

Based on a pre-defined weighted trend formula for chart analysis, GMDDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GMDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13135 0.13235 0.13135 0.13235 +0.00100
Prev. Close Volume Bid Ask Time
0.13135 0.13150 0.13320 2019-01-15 13:04:55
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