Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

/Danish Krone (FOREX:GHSDKK)

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.

FOREX_GHSDKK
Open High Low GHSDKK Price Change
1.33475 1.33475 1.32935 1.33070 -0.00405
Entry Signal

MarketClub’s Trade Triangles for GHSDKK

long term down The long term trend has been DOWN since Jun 4th, 2018 at 1.34450

intermediate term down The intermediate term trend has been DOWN since May 21st, 2018 at 1.36750

short term up The short term trend has been UP since Jul 11th, 2018 at 1.32875

Smart Scan Analysis for GHSDKK

Based on a pre-defined weighted trend formula for chart analysis, GHSDKK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for GHSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.33475 1.33475 1.32935 1.33070 -0.00405
Prev. Close Volume Bid Ask Time
1.33475 1.32950 1.33190 2018-07-16 14:21:12
Want to analyze /Danish Krone GHSDKK or another symbol? Try our Free Forex Trend Analysis Report.