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Forex Trend Analysis Report

Prepared for you on Tuesday, June 19, 2018.

Cape Verdean Escudo/Danish Krone (FOREX:CVEDKK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_CVEDKK
Open High Low CVEDKK Price Change
0.06790 0.06815 0.06740 0.06740 -0.00050
Entry Signal

MarketClub’s Trade Triangles for CVEDKK

long term up The long term trend has been UP since Feb 20th, 2018 at 0.06790

intermediate term up The intermediate term trend has been UP since Jun 14th, 2018 at 0.06815

short term up The short term trend has been UP since Jun 14th, 2018 at 0.06765

Smart Scan Analysis for CVEDKK

Based on a pre-defined weighted trend formula for chart analysis, CVEDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CVEDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06790 0.06815 0.06740 0.06740 -0.00050
Prev. Close Volume Bid Ask Time
0.06790 0.06720 0.06760 2018-06-19 13:23:44
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