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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Danish Krone/Malaysian Ringt (FOREX:DKKMYR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_DKKMYR
Open High Low DKKMYR Price Change
0.631880 0.632635 0.631425 0.632335 +0.000455
Entry Signal

MarketClub’s Trade Triangles for DKKMYR

long term up The long term trend has been UP since May 13th, 2019 at 0.629845

intermediate term up The intermediate term trend has been UP since Apr 11th, 2019 at 0.622815

short term up The short term trend has been UP since Jun 21st, 2019 at 0.629675

Smart Scan Analysis for DKKMYR

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

+100
Smart Scan Analysis for DKKMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.631880 0.632635 0.631425 0.632335 +0.000455
Prev. Close Volume Bid Ask Time
0.631880 0.631950 0.632720 2019-06-24 18:05:00
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