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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

Danish Krone/Japanese Yen (FOREX:DKKJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_DKKJPY
Open High Low DKKJPY Price Change
16.84405 16.86120 16.83900 16.85010 +0.00605
Entry Signal

MarketClub’s Trade Triangles for DKKJPY

long term down The long term trend has been DOWN since Dec 21st, 2018 at 16.9807

intermediate term up The intermediate term trend has been UP since Apr 17th, 2019 at 16.9830

short term down The short term trend has been DOWN since Apr 18th, 2019 at 16.9179

Smart Scan Analysis for DKKJPY

Based on a pre-defined weighted trend formula for chart analysis, DKKJPY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for DKKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.84405 16.86120 16.83900 16.85010 +0.00605
Prev. Close Volume Bid Ask Time
16.84405 16.84960 16.85060 2019-04-19 18:00:25
Want to analyze Danish Krone/Japanese Yen DKKJPY or another symbol? Try our Free Forex Trend Analysis Report.