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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Jordanian Dinar/Danish Krone (FOREX:JODDKK)

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_JODDKK
Open High Low JODDKK Price Change
8.59675 8.60725 8.57900 8.60410 +0.00735
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 down The intermediate term trend has been DOWN since Nov 15th, 2017 at 8.88535

short term down The short term trend has been DOWN since Jan 11th, 2018 at 8.73875

Smart Scan Analysis for JODDKK

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

-90
Smart Scan Analysis for JODDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.59675 8.60725 8.57900 8.60410 +0.00735
Prev. Close Volume Bid Ask Time
8.59675 8.59130 8.61690 2018-01-17 09:52:35
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