Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

Cape Verdean Escudo/Danish Krone (FOREX:CVEDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_CVEDKK
Open High Low CVEDKK Price Change
0.06765 0.06770 0.06750 0.06755 -0.00010
Entry Signal

MarketClub’s Trade Triangles for CVEDKK

long term up The long term trend has been UP since Aug 1st, 2019 at 0.06805

intermediate term up The intermediate term trend has been UP since Aug 1st, 2019 at 0.06805

short term up The short term trend has been UP since Aug 22nd, 2019 at 0.06765

Smart Scan Analysis for CVEDKK

Based on a pre-defined weighted trend formula for chart analysis, CVEDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CVEDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06765 0.06770 0.06750 0.06755 -0.00010
Prev. Close Volume Bid Ask Time
0.06765 0.06730 0.06780 2019-08-22 11:17:52
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