Forex Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
Euro/Danish Krone (FOREX:EURDKK)
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 EURDKK
The long term trend has been UP since Jul 4th, 2017 at 7.446935
The intermediate term trend has been UP since Feb 12th, 2018 at 7.447550
The short term trend has been UP since Feb 9th, 2018 at 7.444950
Smart Scan Analysis for EURDKK
Based on a pre-defined weighted trend formula for chart analysis, EURDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).