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Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

Danish Krone/Euro (FOREX:DKKEUR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_DKKEUR
Open High Low DKKEUR Price Change
0.133910 0.133935 0.133879 0.133920 +0.000010
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term up The long term trend has been UP since Aug 14th, 2019 at 0.134038

intermediate term down The intermediate term trend has been DOWN since Sep 1st, 2019 at 0.133937

short term down The short term trend has been DOWN since Sep 1st, 2019 at 0.134052

Smart Scan Analysis for DKKEUR

Based on a pre-defined weighted trend formula for chart analysis, DKKEUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.133910 0.133935 0.133879 0.133920 +0.000010
Prev. Close Volume Bid Ask Time
0.133910 0.133910 0.133930 2019-09-18 07:16:34
Want to analyze Danish Krone/Euro DKKEUR or another symbol? Try our Free Forex Trend Analysis Report.