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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Danish Krone/Euro (FOREX:DKKEUR)

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_DKKEUR
Open High Low DKKEUR Price Change
0.134270 0.134275 0.134270 0.134275 +0.000005
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term down The long term trend has been DOWN since May 19th, 2017 at 0.134305

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2018 at 0.134220

short term down The short term trend has been DOWN since Apr 16th, 2018 at 0.134248

Smart Scan Analysis for DKKEUR

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

-70
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.134270 0.134275 0.134270 0.134275 +0.000005
Prev. Close Volume Bid Ask Time
0.134270 0.134270 0.134280 2018-04-21 05:41:07
Want to analyze Danish Krone/Euro DKKEUR or another symbol? Try our Free Forex Trend Analysis Report.