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.
MarketClub’s Trade Triangles for QARDKK
The long term trend has been UP since May 1st, 2018 at 1.69620
The intermediate term trend has been UP since Jul 16th, 2019 at 1.82830
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).