Forex Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
Dominican Peso/Danish Krone (FOREX:DOPDKK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since May 1st, 2018 at 0.1248
The intermediate term trend has been UP since Aug 2nd, 2018 at 0.1327
The short term trend has been UP since Aug 2nd, 2018 at 0.1327
Smart Scan Analysis for DOPDKK
Based on a pre-defined weighted trend formula for chart analysis, DOPDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).