Forex Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)
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.
MarketClub’s Trade Triangles for DKKHKD
The long term trend has been DOWN since May 1st, 2018 at 1.270785
The intermediate term trend has been UP since Jun 22nd, 2018 at 1.247550
The short term trend has been DOWN since Jul 18th, 2018 at 1.226400
Smart Scan Analysis for DKKHKD
Based on a pre-defined weighted trend formula for chart analysis, DKKHKD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).