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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Qatari Rial/Danish Krone (FOREX:QARDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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 QARDKK Price Change
1.7792 1.7815 1.7720 1.7721 -0.0071
Entry Signal

MarketClub’s Trade Triangles for QARDKK

long term up The long term trend has been UP since May 1st, 2018 at 1.6962

intermediate term up The intermediate term trend has been UP since Aug 3rd, 2018 at 1.7678

short term down The short term trend has been DOWN since Aug 20th, 2018 at 1.7935

Smart Scan Analysis for QARDKK

Based on a pre-defined weighted trend formula for chart analysis, QARDKK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for QARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7792 1.7815 1.7720 1.7721 -0.0071
Prev. Close Volume Bid Ask Time
1.7792 1.7715 1.7727 2018-08-21 14:30:47
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