Forex Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
Kazakhstan Tenge/Danish Krone (FOREX:KZTDKK)
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 KZTDKK
The long term trend has been DOWN since Jul 31st, 2018 at 0.01830
The intermediate term trend has been DOWN since Jun 11th, 2018 at 0.01895
The short term trend has been DOWN since Aug 9th, 2018 at 0.01830
Smart Scan Analysis for KZTDKK
Based on a pre-defined weighted trend formula for chart analysis, KZTDKK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).