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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_DKKCZK
Open High Low DKKCZK Price Change
3.45625 3.45800 3.45325 3.45380 -0.00245
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term up The long term trend has been UP since Nov 9th, 2018 at 3.47800

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 3.46685

short term down The short term trend has been DOWN since Dec 3rd, 2018 at 3.47495

Smart Scan Analysis for DKKCZK

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

-70
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.45625 3.45800 3.45325 3.45380 -0.00245
Prev. Close Volume Bid Ask Time
3.45625 3.45060 3.45700 2018-12-14 18:06:22
Want to analyze Danish Krone/Czech Koruna DKKCZK or another symbol? Try our Free Forex Trend Analysis Report.