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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Australian Dollar/Danish Krone (FOREX:AUDDKK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_AUDDKK
Open High Low AUDDKK Price Change
4.74610 4.75770 4.73120 4.75415 +0.00805
Entry Signal

MarketClub’s Trade Triangles for AUDDKK

long term up The long term trend has been UP since May 25th, 2018 at 4.8251

intermediate term down The intermediate term trend has been DOWN since Jun 18th, 2018 at 4.7530

short term down The short term trend has been DOWN since Jun 13th, 2018 at 4.7934

Smart Scan Analysis for AUDDKK

Based on a pre-defined weighted trend formula for chart analysis, AUDDKK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for AUDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.74610 4.75770 4.73120 4.75415 +0.00805
Prev. Close Volume Bid Ask Time
4.74610 4.75320 4.75510 2018-06-22 07:16:35
Want to analyze Australian Dollar/Danish Krone AUDDKK or another symbol? Try our Free Forex Trend Analysis Report.