Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, September 26, 2018.

/Danish Krone (FOREX:RONDKK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_RONDKK
Open High Low RONDKK Price Change
1.60110 1.60135 1.59985 1.60045 -0.00065
Entry Signal

MarketClub’s Trade Triangles for RONDKK

long term down The long term trend has been DOWN since Jun 21st, 2018 at 1.59255

intermediate term down The intermediate term trend has been DOWN since Sep 19th, 2018 at 1.60305

short term down The short term trend has been DOWN since Sep 13th, 2018 at 1.60745

Smart Scan Analysis for RONDKK

Based on a pre-defined weighted trend formula for chart analysis, RONDKK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for RONDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.60110 1.60135 1.59985 1.60045 -0.00065
Prev. Close Volume Bid Ask Time
1.60110 1.59830 1.60260 2018-09-26 09:16:20
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