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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2017.

Danish Krone/Euro (FOREX:DKKEUR)

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_DKKEUR
Open High Low DKKEUR Price Change
0.134390 0.134420 0.134358 0.134405 +0.000015
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 Sep 7th, 2017 at 0.134375

short term down The short term trend has been DOWN since Sep 21st, 2017 at 0.134344

Smart Scan Analysis for DKKEUR

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

-100
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.134390 0.134420 0.134358 0.134405 +0.000015
Prev. Close Volume Bid Ask Time
0.134390 0.134390 0.134420 2017-09-22 18:58:59
Want to analyze Danish Krone/Euro DKKEUR or another symbol? Try our Free Forex Trend Analysis Report.