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Forex Trend Analysis Report

Prepared for you on Wednesday, August 21, 2019.

/Danish Krone (FOREX:GHSDKK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_GHSDKK
Open High Low GHSDKK Price Change
1.23075 1.23100 1.22860 1.22890 -0.00185
Entry Signal

MarketClub’s Trade Triangles for GHSDKK

long term down The long term trend has been DOWN since Feb 1st, 2019 at 1.30135

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2019 at 1.23420

short term down The short term trend has been DOWN since Aug 20th, 2019 at 1.22850

Smart Scan Analysis for GHSDKK

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

-100
Smart Scan Analysis for GHSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.23075 1.23100 1.22860 1.22890 -0.00185
Prev. Close Volume Bid Ask Time
1.23075 1.22790 1.22990 2019-08-21 14:17:39
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