Forex Trend Analysis Report
Prepared for you on Thursday, September 21, 2017.
Danish Krone/Polish New Zloty (FOREX:DKKPLN)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 Aug 9th, 2017 at 0.57424
The intermediate term trend has been UP since Sep 18th, 2017 at 0.57654
The short term trend has been DOWN since Sep 20th, 2017 at 0.57420
Smart Scan Analysis for DKKPLN
Based on a pre-defined weighted trend formula for chart analysis, DKKPLN scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).