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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
1.22655 1.23200 1.22570 1.22720 +0.00065
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 up The intermediate term trend has been UP since Aug 26th, 2018 at 1.224700

short term up The short term trend has been UP since Sep 12th, 2018 at 1.225250

Smart Scan Analysis for DKKHKD

Based on a pre-defined weighted trend formula for chart analysis, DKKHKD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.22655 1.23200 1.22570 1.22720 +0.00065
Prev. Close Volume Bid Ask Time
1.22655 1.22710 1.22730 2018-09-19 20:06:50
Want to analyze Danish Krone/Hong Kong Dollar DKKHKD or another symbol? Try our Free Forex Trend Analysis Report.