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Forex Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

Jordanian Dinar/Danish Krone (FOREX:JODDKK)

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.

FOREX_JODDKK
Open High Low JODDKK Price Change
9.48255 9.48465 9.46915 9.47125 -0.01130
Entry Signal

MarketClub’s Trade Triangles for JODDKK

long term up The long term trend has been UP since May 1st, 2018 at 8.70720

intermediate term up The intermediate term trend has been UP since Jul 16th, 2019 at 9.39175

short term down The short term trend has been DOWN since Aug 21st, 2019 at 9.46955

Smart Scan Analysis for JODDKK

Based on a pre-defined weighted trend formula for chart analysis, JODDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for JODDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.48255 9.48465 9.46915 9.47125 -0.01130
Prev. Close Volume Bid Ask Time
9.48255 9.43050 9.51200 2019-08-21 14:17:39
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