Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Danish Krone/Canadian Dollar (FOREX:DKKCAD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_DKKCAD
Open High Low DKKCAD Price Change
0.202185 0.202195 0.202015 0.202020 -0.000165
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term down The long term trend has been DOWN since May 9th, 2018 at 0.205095

intermediate term down The intermediate term trend has been DOWN since Sep 19th, 2018 at 0.202215

short term down The short term trend has been DOWN since Oct 19th, 2018 at 0.200440

Smart Scan Analysis for DKKCAD

Based on a pre-defined weighted trend formula for chart analysis, DKKCAD scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.202185 0.202195 0.202015 0.202020 -0.000165
Prev. Close Volume Bid Ask Time
0.202185 0.202000 0.202040 2018-10-22 02:34:17
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