Forex Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
/Danish Krone (FOREX:GHSDKK)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 GHSDKK
The long term trend has been DOWN since Jul 18th, 2017 at 1.47025
The intermediate term trend has been DOWN since Nov 14th, 2017 at 1.43175
The short term trend has been DOWN since Jan 11th, 2018 at 1.36070
Smart Scan Analysis for GHSDKK
Based on a pre-defined weighted trend formula for chart analysis, GHSDKK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).