Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

Macedonian Denar/Danish Krone (FOREX:MKDDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 0.12130 0.12105 0.12110 -0.00015
Entry Signal

MarketClub’s Trade Triangles for MKDDKK

long term up The long term trend has been UP since Jan 8th, 2018 at 0.12140

intermediate term up The intermediate term trend has been UP since Aug 14th, 2018 at 0.12125

short term up The short term trend has been UP since Sep 24th, 2018 at 0.12130

Smart Scan Analysis for MKDDKK

Based on a pre-defined weighted trend formula for chart analysis, MKDDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for MKDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12125 0.12130 0.12105 0.12110 -0.00015
Prev. Close Volume Bid Ask Time
0.12125 0.12020 0.12200 2018-09-25 13:58:51
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