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Forex Trend Analysis Report

Prepared for you on Sunday, July 22, 2018.

Danish Krone/Icelandic Krona (FOREX:DKKISK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_DKKISK
Open High Low DKKISK Price Change
16.666 16.728 16.637 16.722 +0.056
Entry Signal

MarketClub’s Trade Triangles for DKKISK

long term up The long term trend has been UP since Jun 6th, 2018 at 16.6450

intermediate term up The intermediate term trend has been UP since May 18th, 2018 at 16.5575

short term down The short term trend has been DOWN since Jul 13th, 2018 at 16.8125

Smart Scan Analysis for DKKISK

Based on a pre-defined weighted trend formula for chart analysis, DKKISK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for DKKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.666 16.728 16.637 16.722 +0.056
Prev. Close Volume Bid Ask Time
16.666 16.672 16.772 2018-07-20 14:14:29
Want to analyze Danish Krone/Icelandic Krona DKKISK or another symbol? Try our Free Forex Trend Analysis Report.