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Forex Trend Analysis Report

Prepared for you on Thursday, September 21, 2017.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_DKKCZK
Open High Low DKKCZK Price Change
3.5067 3.5095 3.5050 3.5053 -0.0014
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term down The long term trend has been DOWN since Apr 6th, 2017 at 3.62900

intermediate term down The intermediate term trend has been DOWN since Aug 30th, 2017 at 3.49785

short term up The short term trend has been UP since Sep 18th, 2017 at 3.51050

Smart Scan Analysis for DKKCZK

Based on a pre-defined weighted trend formula for chart analysis, DKKCZK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5067 3.5095 3.5050 3.5053 -0.0014
Prev. Close Volume Bid Ask Time
3.5067 3.5027 3.5079 2017-09-21 08:23:04
Want to analyze Danish Krone/Czech Koruna DKKCZK or another symbol? Try our Free Forex Trend Analysis Report.