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Forex Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

Euro/Danish Krone (FOREX:EURDKK)

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_EURDKK
Open High Low EURDKK Price Change
7.450650 7.450750 7.449560 7.449705 -0.000945
Entry Signal

MarketClub’s Trade Triangles for EURDKK

long term down The long term trend has been DOWN since May 29th, 2018 at 7.441150

intermediate term up The intermediate term trend has been UP since Jun 12th, 2018 at 7.451885

short term up The short term trend has been UP since Jun 6th, 2018 at 7.445430

Smart Scan Analysis for EURDKK

Based on a pre-defined weighted trend formula for chart analysis, EURDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for EURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.450650 7.450750 7.449560 7.449705 -0.000945
Prev. Close Volume Bid Ask Time
7.450650 7.449070 7.450340 2018-06-18 05:08:25
Want to analyze Euro/Danish Krone EURDKK or another symbol? Try our Free Forex Trend Analysis Report.