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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Canadian Dollar/Danish Krone (FOREX:CADDKK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_CADDKK
Open High Low CADDKK Price Change
4.9730 4.9765 4.9682 4.9699 -0.0031
Entry Signal

MarketClub’s Trade Triangles for CADDKK

long term up The long term trend has been UP since Jun 20th, 2019 at 5.0086

intermediate term up The intermediate term trend has been UP since May 19th, 2019 at 4.9799

short term up The short term trend has been UP since Jun 19th, 2019 at 4.9889

Smart Scan Analysis for CADDKK

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

+90
Smart Scan Analysis for CADDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9730 4.9765 4.9682 4.9699 -0.0031
Prev. Close Volume Bid Ask Time
4.9730 4.9693 4.9705 2019-06-24 09:20:23
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