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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Papua New Guinea Kina/Danish Krone (FOREX:PGKDKK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_PGKDKK
Open High Low PGKDKK Price Change
1.87590 1.88245 1.87465 1.88040 +0.00450
Entry Signal

MarketClub’s Trade Triangles for PGKDKK

long term down The long term trend has been DOWN since Dec 29th, 2017 at 1.93035

intermediate term up The intermediate term trend has been UP since Apr 5th, 2018 at 1.87400

short term up The short term trend has been UP since Apr 19th, 2018 at 1.85635

Smart Scan Analysis for PGKDKK

Based on a pre-defined weighted trend formula for chart analysis, PGKDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for PGKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.87590 1.88245 1.87465 1.88040 +0.00450
Prev. Close Volume Bid Ask Time
1.87590 1.83440 1.92640 2018-04-25 14:38:30
Want to analyze Papua New Guinea Kina/Danish Krone PGKDKK or another symbol? Try our Free Forex Trend Analysis Report.