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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Danish Krone/Icelandic Krona (FOREX:DKKISK)

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_DKKISK
Open High Low DKKISK Price Change
17.7765 17.7920 17.7730 17.7855 +0.0090
Entry Signal

MarketClub’s Trade Triangles for DKKISK

long term down The long term trend has been DOWN since Mar 18th, 2019 at 17.7500

intermediate term down The intermediate term trend has been DOWN since Mar 13th, 2019 at 17.9840

short term down The short term trend has been DOWN since Mar 8th, 2019 at 18.2795

Smart Scan Analysis for DKKISK

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

-90
Smart Scan Analysis for DKKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.7765 17.7920 17.7730 17.7855 +0.0090
Prev. Close Volume Bid Ask Time
17.7765 17.7380 17.8330 2019-03-19 06:07:17
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