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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

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_DKKNZD
Open High Low DKKNZD Price Change
0.234275 0.234295 0.233655 0.233660 -0.000615
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term up The long term trend has been UP since Jul 2nd, 2018 at 0.232165

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

short term down The short term trend has been DOWN since Oct 9th, 2018 at 0.238125

Smart Scan Analysis for DKKNZD

Based on a pre-defined weighted trend formula for chart analysis, DKKNZD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.234275 0.234295 0.233655 0.233660 -0.000615
Prev. Close Volume Bid Ask Time
0.234275 0.233610 0.233710 2018-10-19 04:44:23
Want to analyze Danish Krone/New Zealand Dollar DKKNZD or another symbol? Try our Free Forex Trend Analysis Report.