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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Japanese Yen/Danish Krone (FOREX:JPYDKK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_JPYDKK
Open High Low JPYDKK Price Change
0.060923 0.061185 0.060840 0.061174 +0.000251
Entry Signal

MarketClub’s Trade Triangles for JPYDKK

long term down The long term trend has been DOWN since Dec 12th, 2019 at 0.061505

intermediate term down The intermediate term trend has been DOWN since Dec 1st, 2019 at 0.061875

short term down The short term trend has been DOWN since Jan 8th, 2020 at 0.061534

Smart Scan Analysis for JPYDKK

Based on a pre-defined weighted trend formula for chart analysis, JPYDKK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for JPYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.060923 0.061185 0.060840 0.061174 +0.000251
Prev. Close Volume Bid Ask Time
0.060923 0.060974 0.061374 2020-01-17 17:14:34
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