Forex Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
Kazakhstan Tenge/Danish Krone (FOREX:KZTDKK)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.
MarketClub’s Trade Triangles for KZTDKK
The long term trend has been DOWN since Jul 31st, 2018 at 0.01830
The intermediate term trend has been DOWN since Dec 4th, 2018 at 0.01755
The short term trend has been DOWN since Dec 10th, 2018 at 0.01765
Smart Scan Analysis for KZTDKK
Based on a pre-defined weighted trend formula for chart analysis, KZTDKK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).