Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
Sri Lankan Rupee/Danish Krone (FOREX:LKRDKK)
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.
MarketClub’s Trade Triangles for LKRDKK
The long term trend has been DOWN since Sep 13th, 2018 at 0.03940
The intermediate term trend has been UP since Jan 18th, 2019 at 0.03615
The short term trend has been DOWN since Feb 13th, 2019 at 0.03700
Smart Scan Analysis for LKRDKK
Based on a pre-defined weighted trend formula for chart analysis, LKRDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).