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Forex Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

Danish Krone/Japanese Yen (FOREX:DKKJPY)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_DKKJPY
Open High Low DKKJPY Price Change
17.68995 17.73180 17.63820 17.67785 -0.01210
Entry Signal

MarketClub’s Trade Triangles for DKKJPY

long term up The long term trend has been UP since May 3rd, 2017 at 16.53060

intermediate term down The intermediate term trend has been DOWN since Feb 6th, 2018 at 18.02365

short term down The short term trend has been DOWN since Feb 5th, 2018 at 18.15700

Smart Scan Analysis for DKKJPY

Based on a pre-defined weighted trend formula for chart analysis, DKKJPY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for DKKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.68995 17.73180 17.63820 17.67785 -0.01210
Prev. Close Volume Bid Ask Time
17.68995 17.67610 17.67960 2018-02-22 21:59:25
Want to analyze Danish Krone/Japanese Yen DKKJPY or another symbol? Try our Free Forex Trend Analysis Report.