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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

CFA Franc BEAC/Danish Krone (FOREX:XAFDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_XAFDKK
Open High Low XAFDKK Price Change
0.0114 0.0114 0.0113 0.0113 -0.0001
Entry Signal

MarketClub’s Trade Triangles for XAFDKK

long term up The long term trend has been UP since Nov 15th, 2016 at 0.01135

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2017 at 0.01135

short term up The short term trend has been UP since Aug 7th, 2017 at 0.01135

Smart Scan Analysis for XAFDKK

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

+55
Smart Scan Analysis for XAFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0114 0.0114 0.0113 0.0113 -0.0001
Prev. Close Volume Bid Ask Time
0.0114 0.0113 0.0113 2017-12-15 12:28:52
Want to analyze CFA Franc BEAC/Danish Krone XAFDKK or another symbol? Try our Free Forex Trend Analysis Report.