Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Danish Krone/Mexican Peso (FOREX:DKKMXN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_DKKMXN
Open High Low DKKMXN Price Change
2.97385 2.97385 2.97385 2.97385 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKMXN

long term down The long term trend has been DOWN since Jul 12th, 2018 at 2.967235

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2018 at 2.925810

short term up The short term trend has been UP since Oct 18th, 2018 at 2.934750

Smart Scan Analysis for DKKMXN

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

-65
Smart Scan Analysis for DKKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.97385 2.97385 2.97385 2.97385 0.00000
Prev. Close Volume Bid Ask Time
2.97385 2.97150 2.97620 2018-10-20 14:52:53
Want to analyze Danish Krone/Mexican Peso DKKMXN or another symbol? Try our Free Forex Trend Analysis Report.