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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Argentine Peso/Danish Krone (FOREX:ARSDKK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

FOREX_ARSDKK
Open High Low ARSDKK Price Change
0.17030 0.17480 0.16935 0.16990 -0.00040
Entry Signal

MarketClub’s Trade Triangles for ARSDKK

long term down The long term trend has been DOWN since May 16th, 2017 at 0.4329

intermediate term down The intermediate term trend has been DOWN since Aug 9th, 2018 at 0.2296

short term up The short term trend has been UP since Sep 19th, 2018 at 0.1617

Smart Scan Analysis for ARSDKK

Based on a pre-defined weighted trend formula for chart analysis, ARSDKK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ARSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17030 0.17480 0.16935 0.16990 -0.00040
Prev. Close Volume Bid Ask Time
0.17030 0.16990 0.16990 2018-09-24 14:27:46
Want to analyze Argentine Peso/Danish Krone ARSDKK or another symbol? Try our Free Forex Trend Analysis Report.