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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Peruvian Nuevo Sol/Danish Krone (FOREX:PENDKK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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_PENDKK
Open High Low PENDKK Price Change
1.95945 1.96325 1.95305 1.95505 -0.00440
Entry Signal

MarketClub’s Trade Triangles for PENDKK

long term up The long term trend has been UP since May 1st, 2018 at 1.90795

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 1.92765

short term up The short term trend has been UP since Jul 18th, 2018 at 1.96095

Smart Scan Analysis for PENDKK

Based on a pre-defined weighted trend formula for chart analysis, PENDKK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for PENDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.95945 1.96325 1.95305 1.95505 -0.00440
Prev. Close Volume Bid Ask Time
1.95945 1.95460 1.95550 2018-07-18 14:17:56
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