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Forex Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

Open High Low DKKHUF Price Change
41.90145 42.03050 41.79900 41.86500 -0.03645
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term up The long term trend has been UP since Nov 30th, 2016 at 41.9585

intermediate term up The intermediate term trend has been UP since Apr 10th, 2017 at 41.8185

short term down The short term trend has been DOWN since Apr 23rd, 2017 at 42.0215

Smart Scan Analysis for DKKHUF

Based on a pre-defined weighted trend formula for chart analysis, DKKHUF scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.90145 42.03050 41.79900 41.86500 -0.03645
Prev. Close Volume Bid Ask Time
41.90145 41.82100 41.90900 2017-04-24 22:43:47
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