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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

Danish Krone/Japanese Yen (FOREX:DKKJPY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_DKKJPY
Open High Low DKKJPY Price Change
17.11125 17.14060 17.09450 17.10665 -0.00460
Entry Signal

MarketClub’s Trade Triangles for DKKJPY

long term up The long term trend has been UP since Sep 20th, 2018 at 17.69700

intermediate term down The intermediate term trend has been DOWN since Dec 17th, 2018 at 17.10560

short term down The short term trend has been DOWN since Dec 14th, 2018 at 17.17435

Smart Scan Analysis for DKKJPY

Based on a pre-defined weighted trend formula for chart analysis, DKKJPY scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for DKKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.11125 17.14060 17.09450 17.10665 -0.00460
Prev. Close Volume Bid Ask Time
17.11125 17.10520 17.10810 2018-12-18 05:26:26
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