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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)

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_DKKHKD
Open High Low DKKHKD Price Change
1.1547284 1.1562501 1.1530108 1.1544794 -0.0002490
Entry Signal

MarketClub’s Trade Triangles for DKKHKD

long term up The long term trend has been UP since Dec 25th, 2019 at 1.1735046

intermediate term down The intermediate term trend has been DOWN since Dec 25th, 2019 at 1.1515782

short term down The short term trend has been DOWN since Jan 17th, 2020 at 1.1556565

Smart Scan Analysis for DKKHKD

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

-70
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1547284 1.1562501 1.1530108 1.1544794 -0.0002490
Prev. Close Volume Bid Ask Time
1.1547284 1.1544058 1.1545530 2020-01-21 10:11:06
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