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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Qatari Rial/Danish Krone (FOREX:QARDKK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_QARDKK
Open High Low QARDKK Price Change
1.77120 1.77780 1.77005 1.77705 +0.00585
Entry Signal

MarketClub’s Trade Triangles for QARDKK

long term up The long term trend has been UP since May 1st, 2018 at 1.69620

intermediate term up The intermediate term trend has been UP since Oct 1st, 2018 at 1.77035

short term up The short term trend has been UP since Oct 17th, 2018 at 1.77490

Smart Scan Analysis for QARDKK

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

+100
Smart Scan Analysis for QARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.77120 1.77780 1.77005 1.77705 +0.00585
Prev. Close Volume Bid Ask Time
1.77120 1.77640 1.77770 2018-10-17 14:12:35
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