Forex Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
/Danish Krone (FOREX:GHSDKK)
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 GHSDKK
The long term trend has been UP since Nov 12th, 2018 at 1.38430
The intermediate term trend has been DOWN since Nov 16th, 2018 at 1.33680
The short term trend has been UP since Dec 14th, 2018 at 1.32775
Smart Scan Analysis for GHSDKK
Based on a pre-defined weighted trend formula for chart analysis, GHSDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).