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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

New Zealand Dollar/Danish Krone (FOREX:NZDDKK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_NZDDKK
Open High Low NZDDKK Price Change
4.5395 4.5415 4.5250 4.5271 -0.0124
Entry Signal

MarketClub’s Trade Triangles for NZDDKK

long term up The long term trend has been UP since Nov 1st, 2018 at 4.35300

intermediate term up The intermediate term trend has been UP since Jan 15th, 2019 at 4.45115

short term up The short term trend has been UP since Feb 13th, 2019 at 4.50820

Smart Scan Analysis for NZDDKK

Based on a pre-defined weighted trend formula for chart analysis, NZDDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for NZDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5395 4.5415 4.5250 4.5271 -0.0124
Prev. Close Volume Bid Ask Time
4.5395 4.5258 4.5284 2019-02-18 07:16:34
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