Forex Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
Danish Krone/Indian Rupee (FOREX:DKKINR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for DKKINR
The long term trend has been UP since Aug 26th, 2018 at 10.9260
The intermediate term trend has been UP since Aug 21st, 2018 at 10.8070
The short term trend has been DOWN since Sep 20th, 2018 at 11.2605
Smart Scan Analysis for DKKINR
Based on a pre-defined weighted trend formula for chart analysis, DKKINR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).