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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Special Drawing Right/Danish Krone (FOREX:SDRDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_SDRDKK
Open High Low SDRDKK Price Change
9.1768 9.1768 9.1768 9.1768 0.0000
Entry Signal

MarketClub’s Trade Triangles for SDRDKK

long term up The long term trend has been UP since Oct 28th, 2018 at 9.1132

intermediate term down The intermediate term trend has been DOWN since Jun 4th, 2019 at 9.1905

short term up The short term trend has been UP since Jun 13th, 2019 at 9.1691

Smart Scan Analysis for SDRDKK

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

+55
Smart Scan Analysis for SDRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.1768 9.1768 9.1768 9.1768 0.0000
Prev. Close Volume Bid Ask Time
9.1768 9.1768 9.1768 2019-06-17 04:07:16
Want to analyze Special Drawing Right/Danish Krone SDRDKK or another symbol? Try our Free Forex Trend Analysis Report.