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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Macedonian Denar/Danish Krone (FOREX:MKDDKK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

FOREX_MKDDKK
Open High Low MKDDKK Price Change
0.12125 0.12155 0.12120 0.12125 0.00000
Entry Signal

MarketClub’s Trade Triangles for MKDDKK

long term down The long term trend has been DOWN since Nov 29th, 2018 at 0.12060

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 0.12160

short term down The short term trend has been DOWN since Dec 12th, 2018 at 0.12115

Smart Scan Analysis for MKDDKK

Based on a pre-defined weighted trend formula for chart analysis, MKDDKK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for MKDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12125 0.12155 0.12120 0.12125 0.00000
Prev. Close Volume Bid Ask Time
0.12125 0.12040 0.12210 2018-12-14 12:20:33
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