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Forex Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

Sri Lankan Rupee/Danish Krone (FOREX:LKRDKK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 LKRDKK Price Change
0.04130 0.04130 0.04115 0.04115 -0.00015
Entry Signal

MarketClub’s Trade Triangles for LKRDKK

long term down The long term trend has been DOWN since Jan 31st, 2017 at 0.04580

intermediate term up The intermediate term trend has been UP since Sep 25th, 2017 at 0.04100

short term up The short term trend has been UP since Oct 16th, 2017 at 0.04105

Smart Scan Analysis for LKRDKK

Based on a pre-defined weighted trend formula for chart analysis, LKRDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for LKRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04130 0.04130 0.04115 0.04115 -0.00015
Prev. Close Volume Bid Ask Time
0.04130 0.04110 0.04120 2017-10-18 11:13:12
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