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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Australian Dollar/Danish Krone (FOREX:AUDDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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_AUDDKK
Open High Low AUDDKK Price Change
4.6963 4.6963 4.6881 4.6948 -0.0015
Entry Signal

MarketClub’s Trade Triangles for AUDDKK

long term down The long term trend has been DOWN since Jan 1st, 2019 at 4.5606

intermediate term up The intermediate term trend has been UP since Jan 13th, 2019 at 4.7008

short term up The short term trend has been UP since Jan 11th, 2019 at 4.6754

Smart Scan Analysis for AUDDKK

Based on a pre-defined weighted trend formula for chart analysis, AUDDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for AUDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6963 4.6963 4.6881 4.6948 -0.0015
Prev. Close Volume Bid Ask Time
4.6963 4.6943 4.6953 2019-01-17 06:00:17
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