Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

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_DKKTWD
Open High Low DKKTWD Price Change
4.75845 4.75845 4.75845 4.75845 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKTWD

long term up The long term trend has been UP since Sep 16th, 2018 at 4.82410

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2018 at 4.78795

short term up The short term trend has been UP since Oct 3rd, 2018 at 4.75415

Smart Scan Analysis for DKKTWD

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

-55
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.75845 4.75845 4.75845 4.75845 0.00000
Prev. Close Volume Bid Ask Time
4.75845 4.62440 4.89250 2018-10-09 21:28:14
Want to analyze Danish Krone/New Taiwan Dollar DKKTWD or another symbol? Try our Free Forex Trend Analysis Report.