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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Danish Krone/Australian Dollar (FOREX:DKKAUD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_DKKAUD
Open High Low DKKAUD Price Change
0.214010 0.214435 0.213870 0.214400 +0.000390
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term up The long term trend has been UP since Jan 1st, 2019 at 0.219250

intermediate term up The intermediate term trend has been UP since Feb 7th, 2019 at 0.214715

short term up The short term trend has been UP since Mar 19th, 2019 at 0.214395

Smart Scan Analysis for DKKAUD

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

+100
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.214010 0.214435 0.213870 0.214400 +0.000390
Prev. Close Volume Bid Ask Time
0.214010 0.214380 0.214420 2019-03-19 06:42:30
Want to analyze Danish Krone/Australian Dollar DKKAUD or another symbol? Try our Free Forex Trend Analysis Report.