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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

/Danish Krone (FOREX:GIPDKK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_GIPDKK
Open High Low GIPDKK Price Change
8.56885 8.57695 8.56885 8.57695 +0.00810
Entry Signal

MarketClub’s Trade Triangles for GIPDKK

long term up The long term trend has been UP since Oct 8th, 2018 at 8.55825

intermediate term up The intermediate term trend has been UP since Sep 14th, 2018 at 8.39215

short term up The short term trend has been UP since Oct 17th, 2018 at 8.50355

Smart Scan Analysis for GIPDKK

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

+100
Smart Scan Analysis for GIPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.56885 8.57695 8.56885 8.57695 +0.00810
Prev. Close Volume Bid Ask Time
8.56885 8.57630 8.57760 2018-10-19 04:35:54
Want to analyze /Danish Krone GIPDKK or another symbol? Try our Free Forex Trend Analysis Report.