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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Danish Krone/Japanese Yen (FOREX:DKKJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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
17.5195 17.6249 17.5170 17.5566 +0.0371
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 up The intermediate term trend has been UP since Aug 26th, 2018 at 17.3685

short term up The short term trend has been UP since Sep 11th, 2018 at 17.3201

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
17.5195 17.6249 17.5170 17.5566 +0.0371
Prev. Close Volume Bid Ask Time
17.5195 17.5551 17.5581 2018-09-18 15:02:41
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