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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Danish Krone/Canadian Dollar (FOREX:DKKCAD)

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_DKKCAD
Open High Low DKKCAD Price Change
0.207365 0.207535 0.206130 0.206760 -0.000605
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term down The long term trend has been DOWN since May 9th, 2018 at 0.205095

intermediate term up The intermediate term trend has been UP since Jun 7th, 2018 at 0.205555

short term up The short term trend has been UP since Jul 20th, 2018 at 0.207445

Smart Scan Analysis for DKKCAD

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

+70
Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.207365 0.207535 0.206130 0.206760 -0.000605
Prev. Close Volume Bid Ask Time
0.207365 0.206750 0.206770 2018-07-20 18:15:02
Want to analyze Danish Krone/Canadian Dollar DKKCAD or another symbol? Try our Free Forex Trend Analysis Report.