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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_DKKNZD
Open High Low DKKNZD Price Change
0.222295 0.222385 0.221215 0.221470 -0.000825
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term down The long term trend has been DOWN since Nov 1st, 2018 at 0.229710

intermediate term down The intermediate term trend has been DOWN since Oct 19th, 2018 at 0.234455

short term up The short term trend has been UP since Dec 5th, 2018 at 0.220585

Smart Scan Analysis for DKKNZD

Based on a pre-defined weighted trend formula for chart analysis, DKKNZD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.222295 0.222385 0.221215 0.221470 -0.000825
Prev. Close Volume Bid Ask Time
0.222295 0.221410 0.221530 2018-12-10 18:53:11
Want to analyze Danish Krone/New Zealand Dollar DKKNZD or another symbol? Try our Free Forex Trend Analysis Report.