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Forex Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

Argentine Peso/Danish Krone (FOREX:ARSDKK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_ARSDKK
Open High Low ARSDKK Price Change
0.32175 0.32195 0.32010 0.32070 -0.00105
Entry Signal

MarketClub’s Trade Triangles for ARSDKK

long term down The long term trend has been DOWN since May 16th, 2017 at 0.43290

intermediate term down The intermediate term trend has been DOWN since Dec 18th, 2017 at 0.35825

short term down The short term trend has been DOWN since Jan 15th, 2018 at 0.32680

Smart Scan Analysis for ARSDKK

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

-100
Smart Scan Analysis for ARSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32175 0.32195 0.32010 0.32070 -0.00105
Prev. Close Volume Bid Ask Time
0.32175 0.32060 0.32080 2018-01-19 13:15:27
Want to analyze Argentine Peso/Danish Krone ARSDKK or another symbol? Try our Free Forex Trend Analysis Report.