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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Argentine Peso/Danish Krone (FOREX:ARSDKK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_ARSDKK
Open High Low ARSDKK Price Change
0.12065 0.12065 0.12040 0.12050 -0.00015
Entry Signal

MarketClub’s Trade Triangles for ARSDKK

long term down The long term trend has been DOWN since May 16th, 2017 at 0.43290

intermediate term down The intermediate term trend has been DOWN since Jul 25th, 2019 at 0.15475

short term down The short term trend has been DOWN since Sep 12th, 2019 at 0.12030

Smart Scan Analysis for ARSDKK

Based on a pre-defined weighted trend formula for chart analysis, ARSDKK scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for ARSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12065 0.12065 0.12040 0.12050 -0.00015
Prev. Close Volume Bid Ask Time
0.12065 0.12050 0.12050 2019-09-17 06:55:11
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