Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, December 19, 2018.

Danish Krone/Singapore Dollar (FOREX:DKKSGD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_DKKSGD
Open High Low DKKSGD Price Change
0.208695 0.209070 0.208650 0.208960 +0.000265
Entry Signal

MarketClub’s Trade Triangles for DKKSGD

long term down The long term trend has been DOWN since Nov 9th, 2018 at 0.209355

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2018 at 0.213175

short term up The short term trend has been UP since Dec 18th, 2018 at 0.209000

Smart Scan Analysis for DKKSGD

Based on a pre-defined weighted trend formula for chart analysis, DKKSGD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for DKKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.208695 0.209070 0.208650 0.208960 +0.000265
Prev. Close Volume Bid Ask Time
0.208695 0.208710 0.209210 2018-12-19 04:09:24
Want to analyze Danish Krone/Singapore Dollar DKKSGD or another symbol? Try our Free Forex Trend Analysis Report.