Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

Danish Krone/Australian Dollar (FOREX:DKKAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_DKKAUD
Open High Low DKKAUD Price Change
0.207800 0.207885 0.207620 0.207695 -0.000105
Entry Signal

MarketClub’s Trade Triangles for DKKAUD

long term up The long term trend has been UP since Apr 28th, 2017 at 0.19695

intermediate term down The intermediate term trend has been DOWN since May 7th, 2018 at 0.21270

short term down The short term trend has been DOWN since May 16th, 2018 at 0.21231

Smart Scan Analysis for DKKAUD

Based on a pre-defined weighted trend formula for chart analysis, DKKAUD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for DKKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.207800 0.207885 0.207620 0.207695 -0.000105
Prev. Close Volume Bid Ask Time
0.207800 0.207680 0.207710 2018-05-24 02:13:26
Want to analyze Danish Krone/Australian Dollar DKKAUD or another symbol? Try our Free Forex Trend Analysis Report.