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Forex Trend Analysis Report

Prepared for you on Monday, May 29, 2017.

Seychelles Rupee/Danish Krone (FOREX:SCRDKK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_SCRDKK
Open High Low SCRDKK Price Change
0.48590 0.48855 0.48575 0.48785 +0.00195
Entry Signal

MarketClub’s Trade Triangles for SCRDKK

long term down The long term trend has been DOWN since Mar 22nd, 2017 at 0.50535

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2017 at 0.50650

short term down The short term trend has been DOWN since May 12th, 2017 at 0.50010

Smart Scan Analysis for SCRDKK

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

-100
Smart Scan Analysis for SCRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.48590 0.48855 0.48575 0.48785 +0.00195
Prev. Close Volume Bid Ask Time
0.48590 0.47890 0.49680 2017-05-26 14:10:47
Want to analyze Seychelles Rupee/Danish Krone SCRDKK or another symbol? Try our Free Forex Trend Analysis Report.