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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Indian Rupee/Danish Krone (FOREX:INRDKK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_INRDKK
Open High Low INRDKK Price Change
0.09130 0.09145 0.09100 0.09125 -0.00005
Entry Signal

MarketClub’s Trade Triangles for INRDKK

long term down The long term trend has been DOWN since Aug 23rd, 2018 at 0.0919

intermediate term down The intermediate term trend has been DOWN since Dec 10th, 2018 at 0.0909

short term down The short term trend has been DOWN since Dec 3rd, 2018 at 0.0934

Smart Scan Analysis for INRDKK

Based on a pre-defined weighted trend formula for chart analysis, INRDKK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for INRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09130 0.09145 0.09100 0.09125 -0.00005
Prev. Close Volume Bid Ask Time
0.0913 0.09120 0.09130 2018-12-11 12:56:18
Want to analyze Indian Rupee/Danish Krone INRDKK or another symbol? Try our Free Forex Trend Analysis Report.