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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Danish Krone/Chinese Renminbi Yuan (FOREX:DKKCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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 DKKCNY Price Change
1.05355 1.05615 1.04960 1.05430 +0.00075
Entry Signal

MarketClub’s Trade Triangles for DKKCNY

long term up The long term trend has been UP since Jun 22nd, 2018 at 1.05515

intermediate term down The intermediate term trend has been DOWN since Oct 3rd, 2018 at 1.06015

short term up The short term trend has been UP since Nov 15th, 2018 at 1.05595

Smart Scan Analysis for DKKCNY

Based on a pre-defined weighted trend formula for chart analysis, DKKCNY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for DKKCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.05355 1.05615 1.04960 1.05430 +0.00075
Prev. Close Volume Bid Ask Time
1.05355 1.05300 1.05560 2018-11-15 23:00:24
Want to analyze Danish Krone/Chinese Renminbi Yuan DKKCNY or another symbol? Try our Free Forex Trend Analysis Report.