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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

Seychelles Rupee/Danish Krone (FOREX:SCRDKK)

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_SCRDKK
Open High Low SCRDKK Price Change
0.49475 0.49530 0.48850 0.48955 -0.00520
Entry Signal

MarketClub’s Trade Triangles for SCRDKK

long term down The long term trend has been DOWN since Jun 10th, 2019 at 0.47825

intermediate term down The intermediate term trend has been DOWN since Jul 23rd, 2019 at 0.48235

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 0.49255

Smart Scan Analysis for SCRDKK

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

-100
Smart Scan Analysis for SCRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49475 0.49530 0.48850 0.48955 -0.00520
Prev. Close Volume Bid Ask Time
0.49475 0.46020 0.51890 2019-08-23 14:24:36
Want to analyze Seychelles Rupee/Danish Krone SCRDKK or another symbol? Try our Free Forex Trend Analysis Report.