Forex Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Omani Rial/Danish Krone (FOREX:OMRDKK)
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 OMRDKK
The long term trend has been UP since May 1st, 2018 at 16.04145
The intermediate term trend has been UP since Oct 1st, 2018 at 16.74200
The short term trend has been UP since Dec 11th, 2018 at 17.12200
Smart Scan Analysis for OMRDKK
Based on a pre-defined weighted trend formula for chart analysis, OMRDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).