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.
MarketClub’s Trade Triangles for DKKCNY
The long term trend has been UP since Jan 15th, 2018 at 1.06000
The intermediate term trend has been UP since Feb 15th, 2018 at 1.06325
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).