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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Special Drawing Right/Danish Krone (FOREX:SDRDKK)

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.

Open High Low SDRDKK Price Change
9.1474 9.1474 9.1474 9.1474 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 up The intermediate term trend has been UP since Jan 22nd, 2019 at 9.1555

short term down The short term trend has been DOWN since Feb 18th, 2019 at 9.1701

Smart Scan Analysis for SDRDKK

Based on a pre-defined weighted trend formula for chart analysis, SDRDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SDRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.1474 9.1474 9.1474 9.1474 0.0000
Prev. Close Volume Bid Ask Time
9.1474 9.1474 9.1474 2019-02-21 21:03:53
Want to analyze Special Drawing Right/Danish Krone SDRDKK or another symbol? Try our Free Forex Trend Analysis Report.