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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

/Danish Krone (FOREX:RONDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_RONDKK
Open High Low RONDKK Price Change
1.60005 1.60280 1.59950 1.60265 +0.00260
Entry Signal

MarketClub’s Trade Triangles for RONDKK

long term down The long term trend has been DOWN since Jun 21st, 2018 at 1.59255

intermediate term up The intermediate term trend has been UP since Jun 27th, 2018 at 1.60145

short term up The short term trend has been UP since Jul 9th, 2018 at 1.59985

Smart Scan Analysis for RONDKK

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

+70
Smart Scan Analysis for RONDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.60005 1.60280 1.59950 1.60265 +0.00260
Prev. Close Volume Bid Ask Time
1.60005 1.60050 1.60480 2018-07-13 14:31:04
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