Forex Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
Danish Krone/Mexican Peso (FOREX:DKKMXN)
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 DKKMXN
The long term trend has been UP since Aug 28th, 2017 at 2.86927
The intermediate term trend has been UP since Feb 5th, 2018 at 3.13223
The short term trend has been UP since Feb 21st, 2018 at 3.10323
Smart Scan Analysis for DKKMXN
Based on a pre-defined weighted trend formula for chart analysis, DKKMXN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).