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Forex Trend Analysis Report

Prepared for you on Thursday, March 22, 2018.

Jordanian Dinar/Danish Krone (FOREX:JODDKK)

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 JODDKK Price Change
8.4988 8.5442 8.4700 8.5308 +0.0320
Entry Signal

MarketClub’s Trade Triangles for JODDKK

long term down The long term trend has been DOWN since Jan 2nd, 2018 at 8.73795

intermediate term up The intermediate term trend has been UP since Feb 28th, 2018 at 8.58820

short term down The short term trend has been DOWN since Mar 22nd, 2018 at 8.50450

Smart Scan Analysis for JODDKK

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

Smart Scan Analysis for JODDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.4988 8.5442 8.4700 8.5308 +0.0320
Prev. Close Volume Bid Ask Time
8.4988 8.5241 8.5375 2018-03-22 14:50:02
Want to analyze Jordanian Dinar/Danish Krone JODDKK or another symbol? Try our Free Forex Trend Analysis Report.