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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
3.43585 3.44000 3.43500 3.43810 +0.00225
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term down The long term trend has been DOWN since Jan 3rd, 2019 at 3.4423

intermediate term down The intermediate term trend has been DOWN since Feb 21st, 2019 at 3.4365

short term down The short term trend has been DOWN since Feb 13th, 2019 at 3.4570

Smart Scan Analysis for DKKCZK

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

-100
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.43585 3.44000 3.43500 3.43810 +0.00225
Prev. Close Volume Bid Ask Time
3.43585 3.43400 3.44220 2019-02-22 18:17:01
Want to analyze Danish Krone/Czech Koruna DKKCZK or another symbol? Try our Free Forex Trend Analysis Report.