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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Danish Krone/Swiss Franc (FOREX:DKKCHF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.

Open High Low DKKCHF Price Change
15.2830 15.2937 15.2380 15.2430 -0.0400
Entry Signal

MarketClub’s Trade Triangles for DKKCHF

long term down The long term trend has been DOWN since May 29th, 2018 at 15.3840

intermediate term down The intermediate term trend has been DOWN since Nov 12th, 2018 at 15.2110

short term up The short term trend has been UP since Nov 14th, 2018 at 15.2826

Smart Scan Analysis for DKKCHF

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

Smart Scan Analysis for DKKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.2830 15.2937 15.2380 15.2430 -0.0400
Prev. Close Volume Bid Ask Time
15.2830 15.2410 15.2450 2018-11-19 14:29:13
Want to analyze Danish Krone/Swiss Franc DKKCHF or another symbol? Try our Free Forex Trend Analysis Report.