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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

Danish Krone/Malaysian Ringt (FOREX:DKKMYR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_DKKMYR
Open High Low DKKMYR Price Change
0.62241 0.62241 0.62241 0.62241 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKMYR

long term down The long term trend has been DOWN since Dec 4th, 2018 at 0.629070

intermediate term up The intermediate term trend has been UP since Apr 11th, 2019 at 0.622815

short term down The short term trend has been DOWN since Apr 16th, 2019 at 0.622570

Smart Scan Analysis for DKKMYR

Based on a pre-defined weighted trend formula for chart analysis, DKKMYR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for DKKMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.62241 0.62241 0.62241 0.62241 0.00000
Prev. Close Volume Bid Ask Time
0.62241 0.62203 0.62279 2019-04-20 06:44:59
Want to analyze Danish Krone/Malaysian Ringt DKKMYR or another symbol? Try our Free Forex Trend Analysis Report.