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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_DKKCZK
Open High Low DKKCZK Price Change
3.42870 3.43495 3.42780 3.43425 +0.00555
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term down The long term trend has been DOWN since Jan 3rd, 2019 at 3.44230

intermediate term down The intermediate term trend has been DOWN since Jun 5th, 2019 at 3.43965

short term up The short term trend has been UP since Jun 18th, 2019 at 3.42475

Smart Scan Analysis for DKKCZK

Based on a pre-defined weighted trend formula for chart analysis, DKKCZK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.42870 3.43495 3.42780 3.43425 +0.00555
Prev. Close Volume Bid Ask Time
3.42870 3.43180 3.43670 2019-06-19 12:50:58
Want to analyze Danish Krone/Czech Koruna DKKCZK or another symbol? Try our Free Forex Trend Analysis Report.