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Forex Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

Danish Krone/Singapore Dollar (FOREX:DKKSGD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_DKKSGD
Open High Low DKKSGD Price Change
0.206485 0.206575 0.205780 0.205930 -0.000555
Entry Signal

MarketClub’s Trade Triangles for DKKSGD

long term up The long term trend has been UP since Aug 5th, 2019 at 0.207250

intermediate term up The intermediate term trend has been UP since Aug 4th, 2019 at 0.205115

short term down The short term trend has been DOWN since Aug 13th, 2019 at 0.207065

Smart Scan Analysis for DKKSGD

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

+55
Smart Scan Analysis for DKKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.206485 0.206575 0.205780 0.205930 -0.000555
Prev. Close Volume Bid Ask Time
0.206485 0.205860 0.206000 2019-08-16 18:18:55
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