Forex Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
Danish Krone/Polish New Zloty (FOREX:DKKPLN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.
MarketClub’s Trade Triangles for DKKPLN
The long term trend has been UP since Mar 20th, 2018 at 0.56786
The intermediate term trend has been UP since Dec 28th, 2018 at 0.57687
The short term trend has been DOWN since Jan 11th, 2019 at 0.57491
Smart Scan Analysis for DKKPLN
Based on a pre-defined weighted trend formula for chart analysis, DKKPLN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).