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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Danish Krone/Indian Rupee (FOREX:DKKINR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_DKKINR
Open High Low DKKINR Price Change
10.9155 10.9390 10.9045 10.9305 +0.0150
Entry Signal

MarketClub’s Trade Triangles for DKKINR

long term up The long term trend has been UP since Aug 26th, 2018 at 10.9260

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2018 at 11.2615

short term down The short term trend has been DOWN since Nov 8th, 2018 at 11.0925

Smart Scan Analysis for DKKINR

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

-60
Smart Scan Analysis for DKKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.9155 10.9390 10.9045 10.9305 +0.0150
Prev. Close Volume Bid Ask Time
10.9155 10.9300 10.9310 2018-11-14 06:26:33
Want to analyze Danish Krone/Indian Rupee DKKINR or another symbol? Try our Free Forex Trend Analysis Report.