Forex Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
Fijian Dollar/Danish Krone (FOREX:FJDDKK)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
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 FJDDKK
The long term trend has been DOWN since Apr 25th, 2017 at 3.30505
The intermediate term trend has been DOWN since Nov 16th, 2017 at 3.03755
The short term trend has been UP since Nov 21st, 2017 at 3.03855
Smart Scan Analysis for FJDDKK
Based on a pre-defined weighted trend formula for chart analysis, FJDDKK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).