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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Danish Krone/US Dollar (FOREX:DKKUSD)

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_DKKUSD
Open High Low DKKUSD Price Change
0.14896694 0.14909131 0.14835695 0.14840869 -0.00055800
Entry Signal

MarketClub’s Trade Triangles for DKKUSD

long term up The long term trend has been UP since Dec 12th, 2019 at 0.14962750

intermediate term up The intermediate term trend has been UP since Dec 4th, 2019 at 0.14848473

short term down The short term trend has been DOWN since Jan 2nd, 2020 at 0.14970463

Smart Scan Analysis for DKKUSD

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

+55
Smart Scan Analysis for DKKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14896694 0.14909131 0.14835695 0.14840869 -0.00055800
Prev. Close Volume Bid Ask Time
0.14896694 0.14838997 0.14842741 2020-01-17 17:14:40
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