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Forex Trend Analysis Report

Prepared for you on Wednesday, November 22, 2017.

Euro/Danish Krone (FOREX:EURDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
7.442050 7.442250 7.440850 7.441035 -0.001015
Entry Signal

MarketClub’s Trade Triangles for EURDKK

long term up The long term trend has been UP since Jul 4th, 2017 at 7.446935

intermediate term down The intermediate term trend has been DOWN since Oct 24th, 2017 at 7.440350

short term up The short term trend has been UP since Nov 21st, 2017 at 7.442550

Smart Scan Analysis for EURDKK

Based on a pre-defined weighted trend formula for chart analysis, EURDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.442050 7.442250 7.440850 7.441035 -0.001015
Prev. Close Volume Bid Ask Time
7.442050 7.440400 7.441670 2017-11-22 02:28:26
Want to analyze Euro/Danish Krone EURDKK or another symbol? Try our Free Forex Trend Analysis Report.