Forex Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
Malaysian Ringt/Danish Krone (FOREX:MYRDKK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for MYRDKK
The long term trend has been UP since Mar 28th, 2018 at 1.5661
The intermediate term trend has been UP since Mar 27th, 2018 at 1.5535
The short term trend has been UP since Apr 20th, 2018 at 1.5531
Smart Scan Analysis for MYRDKK
Based on a pre-defined weighted trend formula for chart analysis, MYRDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).