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Forex Trend Analysis Report

Prepared for you on Friday, January 19, 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.

FOREX_MYRDKK
Open High Low MYRDKK Price Change
1.54270 1.54280 1.54185 1.54225 -0.00045
Entry Signal

MarketClub’s Trade Triangles for MYRDKK

long term up The long term trend has been UP since Nov 6th, 2017 at 1.51500

intermediate term up The intermediate term trend has been UP since Jan 8th, 2018 at 1.55405

short term up The short term trend has been UP since Jan 18th, 2018 at 1.54325

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).

+90
Smart Scan Analysis for MYRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.54270 1.54280 1.54185 1.54225 -0.00045
Prev. Close Volume Bid Ask Time
1.54270 1.54130 1.54320 2018-01-19 02:36:27
Want to analyze Malaysian Ringt/Danish Krone MYRDKK or another symbol? Try our Free Forex Trend Analysis Report.