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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Egyptian Pound/Danish Krone (FOREX:EGPDKK)

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_EGPDKK
Open High Low EGPDKK Price Change
0.40480 0.40545 0.40380 0.40490 +0.00010
Entry Signal

MarketClub’s Trade Triangles for EGPDKK

long term up The long term trend has been UP since May 2nd, 2018 at 0.35015

intermediate term up The intermediate term trend has been UP since Jul 3rd, 2019 at 0.39880

short term up The short term trend has been UP since Aug 14th, 2019 at 0.40300

Smart Scan Analysis for EGPDKK

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

+100
Smart Scan Analysis for EGPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40480 0.40545 0.40380 0.40490 +0.00010
Prev. Close Volume Bid Ask Time
0.40480 0.40410 0.40570 2019-08-19 14:27:27
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