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Forex Trend Analysis Report

Prepared for you on Wednesday, June 26, 2019.

Indian Rupee/Danish Krone (FOREX:INRDKK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_INRDKK
Open High Low INRDKK Price Change
0.09480 0.09500 0.09480 0.09495 +0.00015
Entry Signal

MarketClub’s Trade Triangles for INRDKK

long term up The long term trend has been UP since Mar 7th, 2019 at 0.09415

intermediate term down The intermediate term trend has been DOWN since Jun 21st, 2019 at 0.09475

short term down The short term trend has been DOWN since Jun 20th, 2019 at 0.09500

Smart Scan Analysis for INRDKK

Based on a pre-defined weighted trend formula for chart analysis, INRDKK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for INRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09480 0.09500 0.09480 0.09495 +0.00015
Prev. Close Volume Bid Ask Time
0.09480 0.09490 0.09500 2019-06-26 09:33:37
Want to analyze Indian Rupee/Danish Krone INRDKK or another symbol? Try our Free Forex Trend Analysis Report.