Forex Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
Jordanian Dinar/Danish Krone (FOREX:JODDKK)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for JODDKK
The long term trend has been UP since May 1st, 2018 at 8.70720
The intermediate term trend has been UP since Apr 5th, 2018 at 8.57195
The short term trend has been UP since Jun 15th, 2018 at 9.03810
Smart Scan Analysis for JODDKK
Based on a pre-defined weighted trend formula for chart analysis, JODDKK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).