Forex Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
Russian Ruble/Danish Krone (FOREX:RUBDKK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 RUBDKK
The long term trend has been DOWN since Feb 8th, 2018 at 0.103980
The intermediate term trend has been UP since Jan 15th, 2019 at 0.097736
The short term trend has been UP since Jan 15th, 2019 at 0.097392
Smart Scan Analysis for RUBDKK
Based on a pre-defined weighted trend formula for chart analysis, RUBDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).