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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.

FOREX_SGDDKK
Open High Low SGDDKK Price Change
4.86645 4.87210 4.86645 4.87210 +0.00565
Entry Signal

MarketClub’s Trade Triangles for SGDDKK

long term up The long term trend has been UP since Nov 9th, 2018 at 4.77695

intermediate term up The intermediate term trend has been UP since Jan 2nd, 2019 at 4.80995

short term up 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).

+90
Smart Scan Analysis for SGDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.86645 4.87210 4.86645 4.87210 +0.00565
Prev. Close Volume Bid Ask Time
4.86645 4.86970 4.87450 2019-02-23 07:39:30
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