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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Hong Kong Dollar/Danish Krone (FOREX:HKDDKK)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_HKDDKK
Open High Low HKDDKK Price Change
0.818180 0.818325 0.770540 0.814535 -0.003645
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 down The intermediate term trend has been DOWN since Jun 22nd, 2018 at 0.801530

short term down The short term trend has been DOWN since Jun 22nd, 2018 at 0.815215

Smart Scan Analysis for HKDDKK

Based on a pre-defined weighted trend formula for chart analysis, HKDDKK scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for HKDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.818180 0.818325 0.770540 0.814535 -0.003645
Prev. Close Volume Bid Ask Time
0.818180 0.814460 0.814610 2018-06-22 17:09:13
Want to analyze Hong Kong Dollar/Danish Krone HKDDKK or another symbol? Try our Free Forex Trend Analysis Report.