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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Danish Krone/Icelandic Krona (FOREX:DKKISK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_DKKISK
Open High Low DKKISK Price Change
16.54185 16.55750 16.51100 16.51275 -0.02910
Entry Signal

MarketClub’s Trade Triangles for DKKISK

long term down The long term trend has been DOWN since Mar 16th, 2018 at 16.47095

intermediate term down The intermediate term trend has been DOWN since Apr 5th, 2018 at 16.28915

short term down The short term trend has been DOWN since Apr 24th, 2018 at 16.53550

Smart Scan Analysis for DKKISK

Based on a pre-defined weighted trend formula for chart analysis, DKKISK scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for DKKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.54185 16.55750 16.51100 16.51275 -0.02910
Prev. Close Volume Bid Ask Time
16.54185 16.46210 16.56340 2018-04-24 14:38:49
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