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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Gambian Dalasi/Danish Krone (FOREX:GMDDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.

Open High Low GMDDKK Price Change
0.13570 0.13590 0.13560 0.13565 -0.00005
Entry Signal

MarketClub’s Trade Triangles for GMDDKK

long term up The long term trend has been UP since May 1st, 2018 at 0.13095

intermediate term up The intermediate term trend has been UP since Aug 10th, 2018 at 0.13420

short term down The short term trend has been DOWN since Aug 17th, 2018 at 0.13585

Smart Scan Analysis for GMDDKK

Based on a pre-defined weighted trend formula for chart analysis, GMDDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GMDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13570 0.13590 0.13560 0.13565 -0.00005
Prev. Close Volume Bid Ask Time
0.13570 0.13460 0.13670 2018-08-20 10:27:06
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