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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

US Dollar/Danish Krone (FOREX:USDDKK)

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_USDDKK
Open High Low USDDKK Price Change
6.57626 6.58245 6.57147 6.57147 -0.00479
Entry Signal

MarketClub’s Trade Triangles for USDDKK

long term up The long term trend has been UP since May 1st, 2018 at 6.175650

intermediate term up The intermediate term trend has been UP since Jan 24th, 2019 at 6.599975

short term down The short term trend has been DOWN since Mar 12th, 2019 at 6.619780

Smart Scan Analysis for USDDKK

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

+55
Smart Scan Analysis for USDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.57626 6.58245 6.57147 6.57147 -0.00479
Prev. Close Volume Bid Ask Time
6.57626 6.57112 6.57182 2019-03-20 10:01:29
Want to analyze US Dollar/Danish Krone USDDKK or another symbol? Try our Free Forex Trend Analysis Report.