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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

Danish Krone/Japanese Yen (FOREX:DKKJPY)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_DKKJPY
Open High Low DKKJPY Price Change
17.15825 17.17715 17.05590 17.12940 -0.02885
Entry Signal

MarketClub’s Trade Triangles for DKKJPY

long term down The long term trend has been DOWN since Feb 23rd, 2018 at 17.6306

intermediate term down The intermediate term trend has been DOWN since May 2nd, 2018 at 17.6391

short term down The short term trend has been DOWN since Jun 14th, 2018 at 17.3372

Smart Scan Analysis for DKKJPY

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

-90
Smart Scan Analysis for DKKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.15825 17.17715 17.05590 17.12940 -0.02885
Prev. Close Volume Bid Ask Time
17.15825 17.12790 17.13090 2018-06-21 10:10:13
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