Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

/Danish Krone (FOREX:GIPDKK)

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.

FOREX_GIPDKK
Open High Low GIPDKK Price Change
8.28900 8.29810 8.26605 8.27505 -0.01395
Entry Signal

MarketClub’s Trade Triangles for GIPDKK

long term down The long term trend has been DOWN since Jul 5th, 2018 at 8.38325

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2018 at 8.39255

short term down The short term trend has been DOWN since Aug 15th, 2018 at 8.35975

Smart Scan Analysis for GIPDKK

Based on a pre-defined weighted trend formula for chart analysis, GIPDKK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GIPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.28900 8.29810 8.26605 8.27505 -0.01395
Prev. Close Volume Bid Ask Time
8.28900 8.27440 8.27570 2018-08-17 14:25:18
Want to analyze /Danish Krone GIPDKK or another symbol? Try our Free Forex Trend Analysis Report.