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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_DKKCZK
Open High Low DKKCZK Price Change
3.4194 3.4200 3.4145 3.4163 -0.0031
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term down The long term trend has been DOWN since Nov 25th, 2019 at 3.40900

intermediate term down The intermediate term trend has been DOWN since Sep 25th, 2019 at 3.45865

short term down The short term trend has been DOWN since Dec 4th, 2019 at 3.41550

Smart Scan Analysis for DKKCZK

Based on a pre-defined weighted trend formula for chart analysis, DKKCZK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.4194 3.4200 3.4145 3.4163 -0.0031
Prev. Close Volume Bid Ask Time
3.4194 3.4126 3.4200 2019-12-06 16:59:50
Want to analyze Danish Krone/Czech Koruna DKKCZK or another symbol? Try our Free Forex Trend Analysis Report.