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Forex Trend Analysis Report

Prepared for you on Monday, February 19, 2018.

Danish Krone/Australian Dollar (FOREX:DKKAUD)

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_DKKAUD
Open High Low DKKAUD Price Change
0.210325 0.210550 0.210155 0.210330 +0.000005
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term up The long term trend has been UP since Apr 28th, 2017 at 0.196950

intermediate term up The intermediate term trend has been UP since Jan 25th, 2018 at 0.207305

short term down The short term trend has been DOWN since Feb 18th, 2018 at 0.210480

Smart Scan Analysis for DKKAUD

Based on a pre-defined weighted trend formula for chart analysis, DKKAUD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.210325 0.210550 0.210155 0.210330 +0.000005
Prev. Close Volume Bid Ask Time
0.210325 0.210310 0.210350 2018-02-19 11:06:16
Want to analyze Danish Krone/Australian Dollar DKKAUD or another symbol? Try our Free Forex Trend Analysis Report.