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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_PGKDKK
Open High Low PGKDKK Price Change
1.96605 1.96765 1.96250 1.96560 -0.00045
Entry Signal

MarketClub’s Trade Triangles for PGKDKK

long term up The long term trend has been UP since Nov 7th, 2017 at 2.00995

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 1.96540

short term down The short term trend has been DOWN since Nov 9th, 2017 at 2.00090

Smart Scan Analysis for PGKDKK

Based on a pre-defined weighted trend formula for chart analysis, PGKDKK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for PGKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.96605 1.96765 1.96250 1.96560 -0.00045
Prev. Close Volume Bid Ask Time
1.96605 1.91180 2.01940 2017-11-17 13:42:37
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