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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Cape Verdean Escudo/Danish Krone (FOREX:CVEDKK)

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.

Open High Low CVEDKK Price Change
0.06755 0.06765 0.06735 0.06765 +0.00010
Entry Signal

MarketClub’s Trade Triangles for CVEDKK

long term down The long term trend has been DOWN since Nov 29th, 2018 at 0.06685

intermediate term up The intermediate term trend has been UP since Feb 12th, 2019 at 0.06795

short term down The short term trend has been DOWN since Feb 13th, 2019 at 0.06760

Smart Scan Analysis for CVEDKK

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

Smart Scan Analysis for CVEDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06755 0.06765 0.06735 0.06765 +0.00010
Prev. Close Volume Bid Ask Time
0.06755 0.06750 0.06780 2019-02-19 07:47:10
Want to analyze Cape Verdean Escudo/Danish Krone CVEDKK or another symbol? Try our Free Forex Trend Analysis Report.