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Forex Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

Danish Krone/Euro (FOREX:DKKEUR)

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_DKKEUR
Open High Low DKKEUR Price Change
0.13381803 0.13383700 0.13378350 0.13381418 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term up The long term trend has been UP since Dec 12th, 2019 at 0.1341400

intermediate term up The intermediate term trend has been UP since Jan 26th, 2020 at 0.1338540

short term up The short term trend has been UP since Jan 26th, 2020 at 0.1338455

Smart Scan Analysis for DKKEUR

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

+70
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13381803 0.13383700 0.13378350 0.13381418 -0.00000400
Prev. Close Volume Bid Ask Time
0.13381803 0.13380791 0.13382044 2020-01-28 17:28:15
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