Forex Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
Danish Krone/Colombian Peso (FOREX:DKKCOP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for DKKCOP
The long term trend has been UP since Aug 19th, 2018 at 461.215
The intermediate term trend has been UP since Oct 21st, 2018 at 473.565
The short term trend has been UP since Dec 11th, 2018 at 486.875
Smart Scan Analysis for DKKCOP
Based on a pre-defined weighted trend formula for chart analysis, DKKCOP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).