Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Danish Krone/Australian Dollar (FOREX:DKKAUD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_DKKAUD
Open High Low DKKAUD Price Change
0.21296 0.21327 0.21149 0.21223 -0.00073
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term up The long term trend has been UP since Jan 1st, 2019 at 0.219250

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2019 at 0.212855

short term down The short term trend has been DOWN since Jan 9th, 2019 at 0.214060

Smart Scan Analysis for DKKAUD

Based on a pre-defined weighted trend formula for chart analysis, DKKAUD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21296 0.21327 0.21149 0.21223 -0.00073
Prev. Close Volume Bid Ask Time
0.21296 0.21221 0.21225 2019-01-17 21:15:53
Want to analyze Danish Krone/Australian Dollar DKKAUD or another symbol? Try our Free Forex Trend Analysis Report.