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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Macedonian Denar/Danish Krone (FOREX:MKDDKK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 MKDDKK Price Change
0.12135 0.12135 0.12095 0.12100 -0.00035
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 down The intermediate term trend has been DOWN since Jul 4th, 2018 at 0.12075

short term up The short term trend has been UP since Jul 19th, 2018 at 0.12125

Smart Scan Analysis for MKDDKK

Based on a pre-defined weighted trend formula for chart analysis, MKDDKK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MKDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12135 0.12135 0.12095 0.12100 -0.00035
Prev. Close Volume Bid Ask Time
0.12135 0.12010 0.12190 2018-07-19 14:11:16
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