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Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

Jamaican Dollar/Danish Krone (FOREX:JMDDKK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 JMDDKK Price Change
0.04775 0.04775 0.04755 0.04755 -0.00020
Entry Signal

MarketClub’s Trade Triangles for JMDDKK

long term down The long term trend has been DOWN since Jan 19th, 2018 at 0.04885

intermediate term down The intermediate term trend has been DOWN since Dec 29th, 2017 at 0.05000

short term up The short term trend has been UP since Mar 16th, 2018 at 0.04730

Smart Scan Analysis for JMDDKK

Based on a pre-defined weighted trend formula for chart analysis, JMDDKK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for JMDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04775 0.04775 0.04755 0.04755 -0.00020
Prev. Close Volume Bid Ask Time
0.04775 0.04730 0.04780 2018-03-23 15:22:27
Want to analyze Jamaican Dollar/Danish Krone JMDDKK or another symbol? Try our Free Forex Trend Analysis Report.