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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_DKKNZD
Open High Low DKKNZD Price Change
0.232050 0.232280 0.231005 0.231555 -0.000495
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term up The long term trend has been UP since Jul 2nd, 2018 at 0.232165

intermediate term up The intermediate term trend has been UP since Aug 8th, 2018 at 0.232215

short term up The short term trend has been UP since Aug 20th, 2018 at 0.232110

Smart Scan Analysis for DKKNZD

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

+90
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.232050 0.232280 0.231005 0.231555 -0.000495
Prev. Close Volume Bid Ask Time
0.232050 0.231510 0.231600 2018-08-21 21:20:24
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