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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

Danish Krone/US Dollar (FOREX:DKKUSD)

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.

Open High Low DKKUSD Price Change
0.16627 0.16642 0.16549 0.16572 -0.00055
Entry Signal

MarketClub’s Trade Triangles for DKKUSD

long term up The long term trend has been UP since Jan 2nd, 2018 at 0.161530

intermediate term up The intermediate term trend has been UP since Nov 15th, 2017 at 0.159005

short term down The short term trend has been DOWN since Feb 19th, 2018 at 0.166500

Smart Scan Analysis for DKKUSD

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

Smart Scan Analysis for DKKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16627 0.16642 0.16549 0.16572 -0.00055
Prev. Close Volume Bid Ask Time
0.16627 0.16571 0.16573 2018-02-20 16:02:27
Want to analyze Danish Krone/US Dollar DKKUSD or another symbol? Try our Free Forex Trend Analysis Report.