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Forex Trend Analysis Report

Prepared for you on Sunday, June 17, 2018.

Danish Krone/Chinese Renminbi Yuan (FOREX:DKKCNY)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_DKKCNY
Open High Low DKKCNY Price Change
1.00315 1.00325 1.00315 1.00325 +0.00010
Entry Signal

MarketClub’s Trade Triangles for DKKCNY

long term down The long term trend has been DOWN since Apr 26th, 2018 at 1.03195

intermediate term down The intermediate term trend has been DOWN since Mar 28th, 2018 at 1.04085

short term down The short term trend has been DOWN since Jun 14th, 2018 at 1.00855

Smart Scan Analysis for DKKCNY

Based on a pre-defined weighted trend formula for chart analysis, DKKCNY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for DKKCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.00315 1.00325 1.00315 1.00325 +0.00010
Prev. Close Volume Bid Ask Time
1.00315 1.00190 1.00460 2018-06-17 17:57:55
Want to analyze Danish Krone/Chinese Renminbi Yuan DKKCNY or another symbol? Try our Free Forex Trend Analysis Report.