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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Danish Krone/Turkish Lira (FOREX:DKKTRY)

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_DKKTRY
Open High Low DKKTRY Price Change
0.8797986 0.8831591 0.8785435 0.8802151 +0.0004170
Entry Signal

MarketClub’s Trade Triangles for DKKTRY

long term up The long term trend has been UP since Aug 25th, 2019 at 0.9417850

intermediate term up The intermediate term trend has been UP since Dec 5th, 2019 at 0.8555487

short term up The short term trend has been UP since Jan 20th, 2020 at 0.8775135

Smart Scan Analysis for DKKTRY

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

+70
Smart Scan Analysis for DKKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8797986 0.8831591 0.8785435 0.8802151 +0.0004170
Prev. Close Volume Bid Ask Time
0.8797986 0.8796617 0.8807684 2020-01-21 20:54:47
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