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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Chinese Renminbi Yuan/Danish Krone (FOREX:CNYDKK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_CNYDKK
Open High Low CNYDKK Price Change
0.990920 0.992760 0.989535 0.991865 +0.000945
Entry Signal

MarketClub’s Trade Triangles for CNYDKK

long term up The long term trend has been UP since Apr 26th, 2018 at 0.969040

intermediate term up The intermediate term trend has been UP since Mar 28th, 2018 at 0.960735

short term up The short term trend has been UP since May 21st, 2018 at 0.992600

Smart Scan Analysis for CNYDKK

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

+100
Smart Scan Analysis for CNYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.990920 0.992760 0.989535 0.991865 +0.000945
Prev. Close Volume Bid Ask Time
0.990920 0.991320 0.992410 2018-05-22 10:33:52
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