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Forex Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

Danish Krone/Canadian Dollar (FOREX:DKKCAD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low DKKCAD Price Change
0.21027 0.21080 0.20990 0.21054 +0.00027
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term up The long term trend has been UP since Oct 25th, 2017 at 0.202605

intermediate term down The intermediate term trend has been DOWN since Apr 3rd, 2018 at 0.211600

short term up The short term trend has been UP since Apr 16th, 2018 at 0.209430

Smart Scan Analysis for DKKCAD

Based on a pre-defined weighted trend formula for chart analysis, DKKCAD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21027 0.21080 0.20990 0.21054 +0.00027
Prev. Close Volume Bid Ask Time
0.21027 0.21050 0.21058 2018-04-23 18:48:16
Want to analyze Danish Krone/Canadian Dollar DKKCAD or another symbol? Try our Free Forex Trend Analysis Report.