Forex Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Danish Krone/Ukrainian Hryvnia (FOREX:DKKUAH)
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 DKKUAH
The long term trend has been UP since Aug 19th, 2018 at 4.25865
The intermediate term trend has been UP since Dec 2nd, 2018 at 4.25420
The short term trend has been DOWN since Dec 6th, 2018 at 4.27860
Smart Scan Analysis for DKKUAH
Based on a pre-defined weighted trend formula for chart analysis, DKKUAH scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).