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Forex Trend Analysis Report

Prepared for you on Thursday, July 20, 2017.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_DKKCZK
Open High Low DKKCZK Price Change
3.50750 3.51000 3.49700 3.50305 -0.00445
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term down The long term trend has been DOWN since Apr 6th, 2017 at 3.629

intermediate term down The intermediate term trend has been DOWN since Apr 6th, 2017 at 3.629

short term down The short term trend has been DOWN since Jul 19th, 2017 at 3.504

Smart Scan Analysis for DKKCZK

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

-100
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.50750 3.51000 3.49700 3.50305 -0.00445
Prev. Close Volume Bid Ask Time
3.50750 3.50050 3.50560 2017-07-20 16:49:48
Want to analyze Danish Krone/Czech Koruna DKKCZK or another symbol? Try our Free Forex Trend Analysis Report.