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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

Danish Krone/Euro (FOREX:DKKEUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_DKKEUR
Open High Low DKKEUR Price Change
0.134340 0.134381 0.134296 0.134345 +0.000005
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term down The long term trend has been DOWN since May 19th, 2017 at 0.134305

intermediate term down The intermediate term trend has been DOWN since Dec 21st, 2017 at 0.134220

short term up The short term trend has been UP since Jan 16th, 2018 at 0.134312

Smart Scan Analysis for DKKEUR

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

-55
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.134340 0.134381 0.134296 0.134345 +0.000005
Prev. Close Volume Bid Ask Time
0.134340 0.134330 0.134360 2018-01-22 16:45:53
Want to analyze Danish Krone/Euro DKKEUR or another symbol? Try our Free Forex Trend Analysis Report.