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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.

FOREX_GHSDKK
Open High Low GHSDKK Price Change
1.32085 1.33015 1.31980 1.32675 +0.00590
Entry Signal

MarketClub’s Trade Triangles for GHSDKK

long term up The long term trend has been UP since Nov 12th, 2018 at 1.38430

intermediate term down The intermediate term trend has been DOWN since Nov 16th, 2018 at 1.33680

short term up 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).

-55
Smart Scan Analysis for GHSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.32085 1.33015 1.31980 1.32675 +0.00590
Prev. Close Volume Bid Ask Time
1.32085 1.32560 1.32790 2018-12-14 13:07:00
Want to analyze /Danish Krone GHSDKK or another symbol? Try our Free Forex Trend Analysis Report.