Forex Trend Analysis Report
Prepared for you on Saturday, July 21, 2018.
Danish Krone/Singapore Dollar (FOREX:DKKSGD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for DKKSGD
The long term trend has been DOWN since May 1st, 2018 at 0.214590
The intermediate term trend has been UP since Jun 22nd, 2018 at 0.211875
The short term trend has been UP since Jul 19th, 2018 at 0.214145
Smart Scan Analysis for DKKSGD
Based on a pre-defined weighted trend formula for chart analysis, DKKSGD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).