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Forex Trend Analysis Report

Prepared for you on Saturday, October 21, 2017.

US Dollar/Danish Krone (FOREX:USDDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_USDDKK
Open High Low USDDKK Price Change
6.3189 6.3189 6.3189 6.3189 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDDKK

long term down The long term trend has been DOWN since Mar 26th, 2017 at 6.870100

intermediate term up The intermediate term trend has been UP since Sep 25th, 2017 at 6.278245

short term down The short term trend has been DOWN since Oct 19th, 2017 at 6.299415

Smart Scan Analysis for USDDKK

Based on a pre-defined weighted trend formula for chart analysis, USDDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for USDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.3189 6.3189 6.3189 6.3189 0.0000
Prev. Close Volume Bid Ask Time
6.3189 6.3184 6.3194 2017-10-21 00:59:54
Want to analyze US Dollar/Danish Krone USDDKK or another symbol? Try our Free Forex Trend Analysis Report.