Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

/Danish Krone (FOREX:GIPDKK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_GIPDKK
Open High Low GIPDKK Price Change
8.27910 8.31430 8.26735 8.31240 +0.03330
Entry Signal

MarketClub’s Trade Triangles for GIPDKK

long term up The long term trend has been UP since Oct 8th, 2018 at 8.55825

intermediate term down The intermediate term trend has been DOWN since Dec 4th, 2018 at 8.33935

short term down The short term trend has been DOWN since Dec 10th, 2018 at 8.32735

Smart Scan Analysis for GIPDKK

Based on a pre-defined weighted trend formula for chart analysis, GIPDKK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GIPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.27910 8.31430 8.26735 8.31240 +0.03330
Prev. Close Volume Bid Ask Time
8.27910 8.31180 8.31300 2018-12-10 12:59:40
Want to analyze /Danish Krone GIPDKK or another symbol? Try our Free Forex Trend Analysis Report.