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Forex Trend Analysis Report

Prepared for you on Saturday, September 22, 2018.

Peruvian Nuevo Sol/Danish Krone (FOREX:PENDKK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_PENDKK
Open High Low PENDKK Price Change
1.91985 1.93155 1.91715 1.93105 +0.01120
Entry Signal

MarketClub’s Trade Triangles for PENDKK

long term down The long term trend has been DOWN since Sep 11th, 2018 at 1.92295

intermediate term down The intermediate term trend has been DOWN since Aug 27th, 2018 at 1.94385

short term down The short term trend has been DOWN since Sep 20th, 2018 at 1.92240

Smart Scan Analysis for PENDKK

Based on a pre-defined weighted trend formula for chart analysis, PENDKK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for PENDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.91985 1.93155 1.91715 1.93105 +0.01120
Prev. Close Volume Bid Ask Time
1.91985 1.92960 1.93250 2018-09-21 14:24:53
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