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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Danish Krone/Indian Rupee (FOREX:DKKINR)

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_DKKINR
Open High Low DKKINR Price Change
10.4965 10.5340 10.4520 10.4935 -0.0030
Entry Signal

MarketClub’s Trade Triangles for DKKINR

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 10.5645

intermediate term down The intermediate term trend has been DOWN since Feb 12th, 2019 at 10.7460

short term down The short term trend has been DOWN since Mar 15th, 2019 at 10.4940

Smart Scan Analysis for DKKINR

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

-100
Smart Scan Analysis for DKKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.4965 10.5340 10.4520 10.4935 -0.0030
Prev. Close Volume Bid Ask Time
10.4965 10.4920 10.4950 2019-03-20 20:05:51
Want to analyze Danish Krone/Indian Rupee DKKINR or another symbol? Try our Free Forex Trend Analysis Report.