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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

/Danish Krone (FOREX:RSDDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_RSDDKK
Open High Low RSDDKK Price Change
0.06320 0.06325 0.06300 0.06320 0.00000
Entry Signal

MarketClub’s Trade Triangles for RSDDKK

long term down The long term trend has been DOWN since Jan 7th, 2019 at 0.06275

intermediate term up The intermediate term trend has been UP since Feb 7th, 2019 at 0.06310

short term down The short term trend has been DOWN since Feb 15th, 2019 at 0.06310

Smart Scan Analysis for RSDDKK

Based on a pre-defined weighted trend formula for chart analysis, RSDDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for RSDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06320 0.06325 0.06300 0.06320 0.00000
Prev. Close Volume Bid Ask Time
0.06320 0.06310 0.06330 2019-02-15 13:22:34
Want to analyze /Danish Krone RSDDKK or another symbol? Try our Free Forex Trend Analysis Report.