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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Romanian Leu/Danish Krone (FOREX:RONDKK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_RONDKK
Open High Low RONDKK Price Change
1.57345 1.57495 1.57055 1.57120 -0.00225
Entry Signal

MarketClub’s Trade Triangles for RONDKK

long term down The long term trend has been DOWN since Sep 19th, 2019 at 1.57255

intermediate term down The intermediate term trend has been DOWN since Jul 25th, 2019 at 1.57570

short term down The short term trend has been DOWN since Sep 18th, 2019 at 1.57505

Smart Scan Analysis for RONDKK

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

-100
Smart Scan Analysis for RONDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.57345 1.57495 1.57055 1.57120 -0.00225
Prev. Close Volume Bid Ask Time
1.57345 1.56930 1.57310 2019-09-20 13:39:31
Want to analyze Romanian Leu/Danish Krone RONDKK or another symbol? Try our Free Forex Trend Analysis Report.