Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_DKKHKD
Open High Low DKKHKD Price Change
1.18915 1.19175 1.18365 1.19000 +0.00085
Entry Signal

MarketClub’s Trade Triangles for DKKHKD

long term down The long term trend has been DOWN since May 1st, 2018 at 1.270785

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 1.213650

short term up The short term trend has been UP since Nov 14th, 2018 at 1.190450

Smart Scan Analysis for DKKHKD

Based on a pre-defined weighted trend formula for chart analysis, DKKHKD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.18915 1.19175 1.18365 1.19000 +0.00085
Prev. Close Volume Bid Ask Time
1.18915 1.18990 1.19010 2018-11-15 21:58:07
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