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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_DKKHKD
Open High Low DKKHKD Price Change
1.226900 1.236405 1.225450 1.235350 +0.008450
Entry Signal

MarketClub’s Trade Triangles for DKKHKD

long term down The long term trend has been DOWN since May 1st, 2018 at 1.270785

intermediate term up The intermediate term trend has been UP since Jun 22nd, 2018 at 1.247550

short term down The short term trend has been DOWN since Jul 18th, 2018 at 1.226400

Smart Scan Analysis for DKKHKD

Based on a pre-defined weighted trend formula for chart analysis, DKKHKD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.226900 1.236405 1.225450 1.235350 +0.008450
Prev. Close Volume Bid Ask Time
1.226900 1.235100 1.235600 2018-07-20 16:12:24
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