Forex Trend Analysis Report
Prepared for you on Thursday, September 21, 2017.
Danish Krone/Czech Koruna (FOREX:DKKCZK)
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.
MarketClub’s Trade Triangles for DKKCZK
The long term trend has been DOWN since Apr 6th, 2017 at 3.62900
The intermediate term trend has been DOWN since Aug 30th, 2017 at 3.49785
The short term trend has been UP since Sep 18th, 2017 at 3.51050
Smart Scan Analysis for DKKCZK
Based on a pre-defined weighted trend formula for chart analysis, DKKCZK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).