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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

Qatari Rial/Danish Krone (FOREX:QARDKK)

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.

Open High Low QARDKK Price Change
1.82140 1.82820 1.82050 1.82615 +0.00475
Entry Signal

MarketClub’s Trade Triangles for QARDKK

long term up The long term trend has been UP since May 1st, 2018 at 1.69620

intermediate term up The intermediate term trend has been UP since Jul 16th, 2019 at 1.82830

short term down The short term trend has been DOWN since Jul 19th, 2019 at 1.82185

Smart Scan Analysis for QARDKK

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

Smart Scan Analysis for QARDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.82140 1.82820 1.82050 1.82615 +0.00475
Prev. Close Volume Bid Ask Time
1.82140 1.82560 1.82670 2019-07-19 14:07:16
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