Forex Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
Indian Rupee/Danish Krone (FOREX:INRDKK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for INRDKK
The long term trend has been DOWN since Aug 6th, 2019 at 0.09400
The intermediate term trend has been UP since Sep 12th, 2019 at 0.09485
The short term trend has been UP since Sep 6th, 2019 at 0.09440
Smart Scan Analysis for INRDKK
Based on a pre-defined weighted trend formula for chart analysis, INRDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).