Forex Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
Danish Krone/Swedish Krona (FOREX:DKKSEK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DKKSEK
The long term trend has been UP since Nov 1st, 2017 at 1.311505
The intermediate term trend has been DOWN since Sep 10th, 2018 at 1.401395
The short term trend has been UP since Sep 25th, 2018 at 1.390810
Smart Scan Analysis for DKKSEK
Based on a pre-defined weighted trend formula for chart analysis, DKKSEK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).