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Forex Trend Analysis Report

Prepared for you on Monday, May 21, 2018.

Sri Lankan Rupee/Danish Krone (FOREX:LKRDKK)

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.

FOREX_LKRDKK
Open High Low LKRDKK Price Change
0.04000 0.04015 0.03995 0.04010 +0.00010
Entry Signal

MarketClub’s Trade Triangles for LKRDKK

long term up The long term trend has been UP since May 2nd, 2018 at 0.03945

intermediate term up The intermediate term trend has been UP since Apr 3rd, 2018 at 0.03895

short term up The short term trend has been UP since May 16th, 2018 at 0.03970

Smart Scan Analysis for LKRDKK

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

+100
Smart Scan Analysis for LKRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04000 0.04015 0.03995 0.04010 +0.00010
Prev. Close Volume Bid Ask Time
0.04000 0.04010 0.04010 2018-05-18 12:40:00
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