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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_DKKHUF
Open High Low DKKHUF Price Change
42.11705 42.13600 41.93500 41.96900 -0.14805
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term up The long term trend has been UP since Sep 21st, 2017 at 41.7605

intermediate term up The intermediate term trend has been UP since Nov 8th, 2017 at 41.9370

short term up The short term trend has been UP since Nov 16th, 2017 at 42.0130

Smart Scan Analysis for DKKHUF

Based on a pre-defined weighted trend formula for chart analysis, DKKHUF scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.11705 42.13600 41.93500 41.96900 -0.14805
Prev. Close Volume Bid Ask Time
42.11705 41.93700 42.00100 2017-11-23 19:00:21
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