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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.

FOREX_OMRDKK
Open High Low OMRDKK Price Change
17.0495 17.1080 17.0170 17.0680 +0.0185
Entry Signal

MarketClub’s Trade Triangles for OMRDKK

long term up The long term trend has been UP since May 1st, 2018 at 16.04145

intermediate term up The intermediate term trend has been UP since Oct 1st, 2018 at 16.74200

short term up 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).

+90
Smart Scan Analysis for OMRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.0495 17.1080 17.0170 17.0680 +0.0185
Prev. Close Volume Bid Ask Time
17.0495 17.0300 17.1060 2018-12-13 13:10:33
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