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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Papua New Guinea Kina/Danish Krone (FOREX:PGKDKK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_PGKDKK
Open High Low PGKDKK Price Change
1.98510 1.99620 1.98355 1.99445 +0.00935
Entry Signal

MarketClub’s Trade Triangles for PGKDKK

long term up The long term trend has been UP since Aug 1st, 2019 at 1.99170

intermediate term up The intermediate term trend has been UP since Jul 23rd, 2019 at 1.96760

short term down The short term trend has been DOWN since Sep 12th, 2019 at 1.98165

Smart Scan Analysis for PGKDKK

Based on a pre-defined weighted trend formula for chart analysis, PGKDKK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for PGKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.98510 1.99620 1.98355 1.99445 +0.00935
Prev. Close Volume Bid Ask Time
1.98510 1.94340 2.04550 2019-09-20 13:43:38
Want to analyze Papua New Guinea Kina/Danish Krone PGKDKK or another symbol? Try our Free Forex Trend Analysis Report.