Forex Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
Dominican Peso/Danish Krone (FOREX:DOPDKK)
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.
MarketClub’s Trade Triangles for DOPDKK
The long term trend has been DOWN since Sep 20th, 2018 at 0.12665
The intermediate term trend has been DOWN since Nov 1st, 2018 at 0.13125
The short term trend has been UP since Jan 16th, 2019 at 0.12985
Smart Scan Analysis for DOPDKK
Based on a pre-defined weighted trend formula for chart analysis, DOPDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).