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Forex Trend Analysis Report

Prepared for you on Monday, December 18, 2017.

Jamaican Dollar/Danish Krone (FOREX:JMDDKK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

FOREX_JMDDKK
Open High Low JMDDKK Price Change
0.05040 0.05040 0.05035 0.05035 -0.00005
Entry Signal

MarketClub’s Trade Triangles for JMDDKK

long term up The long term trend has been UP since Nov 7th, 2017 at 0.0506

intermediate term up The intermediate term trend has been UP since Dec 8th, 2017 at 0.0504

short term down The short term trend has been DOWN since Dec 14th, 2017 at 0.0503

Smart Scan Analysis for JMDDKK

Based on a pre-defined weighted trend formula for chart analysis, JMDDKK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for JMDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05040 0.05040 0.05035 0.05035 -0.00005
Prev. Close Volume Bid Ask Time
0.05040 0.05010 0.05060 2017-12-15 10:31:20
Want to analyze Jamaican Dollar/Danish Krone JMDDKK or another symbol? Try our Free Forex Trend Analysis Report.