Forex Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
Singapore Dollar/Danish Krone (FOREX:SGDDKK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for SGDDKK
The long term trend has been UP since Nov 9th, 2018 at 4.77695
The intermediate term trend has been UP since Jan 2nd, 2019 at 4.80995
The short term trend has been UP since Feb 22nd, 2019 at 4.87520
Smart Scan Analysis for SGDDKK
Based on a pre-defined weighted trend formula for chart analysis, SGDDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).