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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Australian Dollar/Danish Krone (FOREX:AUDDKK)

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_AUDDKK
Open High Low AUDDKK Price Change
4.75835 4.77070 4.75460 4.76485 +0.00650
Entry Signal

MarketClub’s Trade Triangles for AUDDKK

long term up The long term trend has been UP since May 25th, 2018 at 4.8251

intermediate term up The intermediate term trend has been UP since Aug 3rd, 2018 at 4.7566

short term up The short term trend has been UP since Aug 16th, 2018 at 4.7691

Smart Scan Analysis for AUDDKK

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

+90
Smart Scan Analysis for AUDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.75835 4.77070 4.75460 4.76485 +0.00650
Prev. Close Volume Bid Ask Time
4.75835 4.76413 4.76557 2018-08-16 11:39:57
Want to analyze Australian Dollar/Danish Krone AUDDKK or another symbol? Try our Free Forex Trend Analysis Report.