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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

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.

FOREX_DKKTWD
Open High Low DKKTWD Price Change
4.7048 4.7048 4.7048 4.7048 0.0000
Entry Signal

MarketClub’s Trade Triangles for DKKTWD

long term down The long term trend has been DOWN since Nov 1st, 2018 at 4.70550

intermediate term up The intermediate term trend has been UP since Nov 19th, 2018 at 4.72525

short term up The short term trend has been UP since Dec 9th, 2018 at 4.68900

Smart Scan Analysis for DKKTWD

Based on a pre-defined weighted trend formula for chart analysis, DKKTWD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7048 4.7048 4.7048 4.7048 0.0000
Prev. Close Volume Bid Ask Time
4.7048 4.5708 4.8388 2018-12-11 20:59:11
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