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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Danish Krone/Colombian Peso (FOREX:DKKCOP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_DKKCOP
Open High Low DKKCOP Price Change
475.045 475.045 475.045 475.045 0.000
Entry Signal

MarketClub’s Trade Triangles for DKKCOP

long term up The long term trend has been UP since Aug 19th, 2018 at 461.215

intermediate term up The intermediate term trend has been UP since Oct 21st, 2018 at 473.565

short term up The short term trend has been UP since Oct 3rd, 2018 at 463.735

Smart Scan Analysis for DKKCOP

Based on a pre-defined weighted trend formula for chart analysis, DKKCOP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for DKKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
475.045 475.045 475.045 475.045 0.000
Prev. Close Volume Bid Ask Time
475.045 468.340 481.750 2018-10-21 20:20:49
Want to analyze Danish Krone/Colombian Peso DKKCOP or another symbol? Try our Free Forex Trend Analysis Report.