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Forex Trend Analysis Report

Prepared for you on Friday, February 23, 2018.

Sri Lankan Rupee/Danish Krone (FOREX:LKRDKK)

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 LKRDKK Price Change
0.03895 0.03905 0.03895 0.03905 +0.00010
Entry Signal

MarketClub’s Trade Triangles for LKRDKK

long term down The long term trend has been DOWN since Jan 2nd, 2018 at 0.04060

intermediate term down The intermediate term trend has been DOWN since Dec 28th, 2017 at 0.04085

short term up The short term trend has been UP since Feb 20th, 2018 at 0.03865

Smart Scan Analysis for LKRDKK

Based on a pre-defined weighted trend formula for chart analysis, LKRDKK scored -65 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
0.03895 0.03905 0.03895 0.03905 +0.00010
Prev. Close Volume Bid Ask Time
0.03895 0.03900 0.03910 2018-02-23 12:41:10
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