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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Danish Krone/Norwegian Krone (FOREX:DKKNOK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_DKKNOK
Open High Low DKKNOK Price Change
1.3108 1.3112 1.3068 1.3078 -0.0030
Entry Signal

MarketClub’s Trade Triangles for DKKNOK

long term up The long term trend has been UP since Aug 21st, 2018 at 1.30510

intermediate term up The intermediate term trend has been UP since Feb 10th, 2019 at 1.31130

short term up The short term trend has been UP since Feb 21st, 2019 at 1.30855

Smart Scan Analysis for DKKNOK

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

+90
Smart Scan Analysis for DKKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3108 1.3112 1.3068 1.3078 -0.0030
Prev. Close Volume Bid Ask Time
1.3108 1.3074 1.3082 2019-02-22 18:19:04
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