Forex Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
Singapore Dollar/Danish Krone (FOREX:SGDDKK)
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.
MarketClub’s Trade Triangles for SGDDKK
The long term trend has been UP since Nov 9th, 2018 at 4.77695
The intermediate term trend has been UP since Sep 28th, 2018 at 4.69140
The short term trend has been UP since Dec 11th, 2018 at 4.79535
Smart Scan Analysis for SGDDKK
Based on a pre-defined weighted trend formula for chart analysis, SGDDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).