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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

Danish Krone/Czech Koruna (FOREX:DKKCZK)

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.

FOREX_DKKCZK
Open High Low DKKCZK Price Change
3.4609 3.4609 3.4606 3.4608 -0.0001
Entry Signal

MarketClub’s Trade Triangles for DKKCZK

long term down The long term trend has been DOWN since Sep 12th, 2018 at 3.4260

intermediate term up The intermediate term trend has been UP since Sep 28th, 2018 at 3.4577

short term down The short term trend has been DOWN since Oct 12th, 2018 at 3.4541

Smart Scan Analysis for DKKCZK

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

+55
Smart Scan Analysis for DKKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.4609 3.4609 3.4606 3.4608 -0.0001
Prev. Close Volume Bid Ask Time
3.4609 3.4583 3.4633 2018-10-16 01:20:44
Want to analyze Danish Krone/Czech Koruna DKKCZK or another symbol? Try our Free Forex Trend Analysis Report.