Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
Moroccan Dirham/Danish Krone (FOREX:MADDKK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 MADDKK
The long term trend has been UP since Feb 11th, 2019 at 0.69355
The intermediate term trend has been UP since Apr 5th, 2019 at 0.69085
The short term trend has been UP since Apr 16th, 2019 at 0.68900
Smart Scan Analysis for MADDKK
Based on a pre-defined weighted trend formula for chart analysis, MADDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).