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Forex Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

Hong Kong Dollar/Danish Krone (FOREX:HKDDKK)

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_HKDDKK
Open High Low HKDDKK Price Change
0.834935 0.835155 0.831985 0.834070 -0.000865
Entry Signal

MarketClub’s Trade Triangles for HKDDKK

long term up The long term trend has been UP since May 1st, 2018 at 0.786910

intermediate term up The intermediate term trend has been UP since Aug 3rd, 2018 at 0.820065

short term up The short term trend has been UP since Aug 9th, 2018 at 0.823380

Smart Scan Analysis for HKDDKK

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

+100
Smart Scan Analysis for HKDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.834935 0.835155 0.831985 0.834070 -0.000865
Prev. Close Volume Bid Ask Time
0.834935 0.834000 0.834140 2018-08-17 09:31:30
Want to analyze Hong Kong Dollar/Danish Krone HKDDKK or another symbol? Try our Free Forex Trend Analysis Report.