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Forex Trend Analysis Report

Prepared for you on Friday, May 26, 2017.

Danish Krone/Euro (FOREX:DKKEUR)

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.

FOREX_DKKEUR
Open High Low DKKEUR Price Change
0.134385 0.134400 0.134353 0.134360 -0.000025
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 Apr 23rd, 2017 at 0.134392

short term up The short term trend has been UP since May 24th, 2017 at 0.134400

Smart Scan Analysis for DKKEUR

Based on a pre-defined weighted trend formula for chart analysis, DKKEUR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.134385 0.134400 0.134353 0.134360 -0.000025
Prev. Close Volume Bid Ask Time
0.134385 0.134350 0.134370 2017-05-26 12:55:01
Want to analyze Danish Krone/Euro DKKEUR or another symbol? Try our Free Forex Trend Analysis Report.