Forex Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
Danish Krone/Japanese Yen (FOREX:DKKJPY)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DKKJPY
The long term trend has been DOWN since Feb 23rd, 2018 at 17.6306
The intermediate term trend has been DOWN since May 2nd, 2018 at 17.6391
The short term trend has been DOWN since Jun 14th, 2018 at 17.3372
Smart Scan Analysis for DKKJPY
Based on a pre-defined weighted trend formula for chart analysis, DKKJPY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).