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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Saudi Arabian Riyal/Danish Krone (FOREX:SARDKK)

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_SARDKK
Open High Low SARDKK Price Change
1.7343 1.7365 1.7311 1.7313 -0.0030
Entry Signal

MarketClub’s Trade Triangles for SARDKK

long term up The long term trend has been UP since May 1st, 2018 at 1.6468

intermediate term up The intermediate term trend has been UP since Oct 1st, 2018 at 1.7186

short term up The short term trend has been UP since Oct 17th, 2018 at 1.7231

Smart Scan Analysis for SARDKK

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

+90
Smart Scan Analysis for SARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7343 1.7365 1.7311 1.7313 -0.0030
Prev. Close Volume Bid Ask Time
1.7343 1.7311 1.7315 2018-10-23 14:33:11
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