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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

United Arab Emirates Dirham/Danish Krone (FOREX:AEDDKK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_AEDDKK
Open High Low AEDDKK Price Change
1.8089 1.8114 1.8088 1.8106 +0.0017
Entry Signal

MarketClub’s Trade Triangles for AEDDKK

long term up The long term trend has been UP since May 2nd, 2018 at 1.68085

intermediate term down The intermediate term trend has been DOWN since Jun 3rd, 2019 at 1.80630

short term up The short term trend has been UP since Jul 16th, 2019 at 1.80795

Smart Scan Analysis for AEDDKK

Based on a pre-defined weighted trend formula for chart analysis, AEDDKK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for AEDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8089 1.8114 1.8088 1.8106 +0.0017
Prev. Close Volume Bid Ask Time
1.8089 1.8095 1.8117 2019-07-18 14:44:58
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