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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Danish Krone/Special Drawing Right (FOREX:DKKSDR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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_DKKSDR
Open High Low DKKSDR Price Change
0.10912 0.10912 0.10912 0.10912 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKSDR

long term down The long term trend has been DOWN since Oct 28th, 2018 at 0.10973

intermediate term down The intermediate term trend has been DOWN since Jan 22nd, 2019 at 0.10922

short term up The short term trend has been UP since Feb 18th, 2019 at 0.10905

Smart Scan Analysis for DKKSDR

Based on a pre-defined weighted trend formula for chart analysis, DKKSDR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for DKKSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10912 0.10912 0.10912 0.10912 0.00000
Prev. Close Volume Bid Ask Time
0.10912 0.10912 0.10912 2019-02-23 07:41:33
Want to analyze Danish Krone/Special Drawing Right DKKSDR or another symbol? Try our Free Forex Trend Analysis Report.