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Forex Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

Euro/Danish Krone (FOREX:EURDKK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

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_EURDKK
Open High Low EURDKK Price Change
7.467125 7.468500 7.465605 7.466965 -0.000160
Entry Signal

MarketClub’s Trade Triangles for EURDKK

long term up The long term trend has been UP since Jul 9th, 2018 at 7.455450

intermediate term down The intermediate term trend has been DOWN since Jun 2nd, 2019 at 7.464375

short term up The short term trend has been UP since Jul 9th, 2019 at 7.467350

Smart Scan Analysis for EURDKK

Based on a pre-defined weighted trend formula for chart analysis, EURDKK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for EURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.467125 7.468500 7.465605 7.466965 -0.000160
Prev. Close Volume Bid Ask Time
7.467125 7.466230 7.467700 2019-07-16 23:19:54
Want to analyze Euro/Danish Krone EURDKK or another symbol? Try our Free Forex Trend Analysis Report.