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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_DKKHKD
Open High Low DKKHKD Price Change
1.158960 1.159705 1.157153 1.158241 -0.000719
Entry Signal

MarketClub’s Trade Triangles for DKKHKD

long term down The long term trend has been DOWN since May 1st, 2018 at 1.270785

intermediate term down The intermediate term trend has been DOWN since Aug 29th, 2019 at 1.162450

short term up The short term trend has been UP since Oct 10th, 2019 at 1.155150

Smart Scan Analysis for DKKHKD

Based on a pre-defined weighted trend formula for chart analysis, DKKHKD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.158960 1.159705 1.157153 1.158241 -0.000719
Prev. Close Volume Bid Ask Time
1.158960 1.157973 1.158509 2019-10-14 19:21:11
Want to analyze Danish Krone/Hong Kong Dollar DKKHKD or another symbol? Try our Free Forex Trend Analysis Report.