Forex Trend Analysis Report
Prepared for you on Monday, July 15, 2019.
Seychelles Rupee/Danish Krone (FOREX:SCRDKK)
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 SCRDKK
The long term trend has been DOWN since Jun 10th, 2019 at 0.47825
The intermediate term trend has been UP since Jun 18th, 2019 at 0.49300
The short term trend has been UP since Jul 1st, 2019 at 0.48350
Smart Scan Analysis for SCRDKK
Based on a pre-defined weighted trend formula for chart analysis, SCRDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).