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Forex Trend Analysis Report

Prepared for you on Friday, September 21, 2018.

Euro/Danish Krone (FOREX:EURDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_EURDKK
Open High Low EURDKK Price Change
7.457605 7.461450 7.457445 7.459450 +0.001845
Entry Signal

MarketClub’s Trade Triangles for EURDKK

long term up The long term trend has been UP since Jul 9th, 2018 at 7.455450

intermediate term up The intermediate term trend has been UP since Sep 14th, 2018 at 7.460850

short term down The short term trend has been DOWN since Sep 16th, 2018 at 7.458655

Smart Scan Analysis for EURDKK

Based on a pre-defined weighted trend formula for chart analysis, EURDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for EURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.457605 7.461450 7.457445 7.459450 +0.001845
Prev. Close Volume Bid Ask Time
7.457605 7.459100 7.459800 2018-09-21 19:45:34
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