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Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

Danish Krone/Canadian Dollar (FOREX:DKKCAD)

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_DKKCAD
Open High Low DKKCAD Price Change
0.198055 0.198435 0.197785 0.198320 +0.000265
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term down The long term trend has been DOWN since Jun 19th, 2019 at 0.199635

intermediate term up The intermediate term trend has been UP since Aug 4th, 2019 at 0.197115

short term up The short term trend has been UP since Aug 20th, 2019 at 0.198215

Smart Scan Analysis for DKKCAD

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

+70
Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.198055 0.198435 0.197785 0.198320 +0.000265
Prev. Close Volume Bid Ask Time
0.198055 0.198300 0.198340 2019-08-20 14:13:45
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