Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Omani Rial/Danish Krone (FOREX:OMRDKK)

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_OMRDKK
Open High Low OMRDKK Price Change
17.087 17.087 17.078 17.079 -0.008
Entry Signal

MarketClub’s Trade Triangles for OMRDKK

long term up The long term trend has been UP since May 1st, 2018 at 16.04145

intermediate term up The intermediate term trend has been UP since Jan 24th, 2019 at 17.10400

short term down The short term trend has been DOWN since Feb 19th, 2019 at 17.10100

Smart Scan Analysis for OMRDKK

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

+75
Smart Scan Analysis for OMRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.087 17.087 17.078 17.079 -0.008
Prev. Close Volume Bid Ask Time
17.087 17.041 17.117 2019-02-22 03:55:23
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