Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, March 22, 2018.

Danish Krone/Chinese Renminbi Yuan (FOREX:DKKCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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 DKKCNY Price Change
1.04855 1.05040 1.04645 1.04670 -0.00185
Entry Signal

MarketClub’s Trade Triangles for DKKCNY

long term up The long term trend has been UP since Jan 15th, 2018 at 1.06000

intermediate term up The intermediate term trend has been UP since Feb 15th, 2018 at 1.06325

short term down The short term trend has been DOWN since Mar 20th, 2018 at 1.04260

Smart Scan Analysis for DKKCNY

Based on a pre-defined weighted trend formula for chart analysis, DKKCNY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for DKKCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.04855 1.05040 1.04645 1.04670 -0.00185
Prev. Close Volume Bid Ask Time
1.04855 1.04540 1.04800 2018-03-22 19:27:19
Want to analyze Danish Krone/Chinese Renminbi Yuan DKKCNY or another symbol? Try our Free Forex Trend Analysis Report.