Forex Trend Analysis Report
Prepared for you on Wednesday, October 18, 2017.
Kazakhstan Tenge/Danish Krone (FOREX:KZTDKK)
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.
MarketClub’s Trade Triangles for KZTDKK
The long term trend has been DOWN since Jun 21st, 2017 at 0.02115
The intermediate term trend has been UP since Sep 26th, 2017 at 0.01850
The short term trend has been UP since Oct 10th, 2017 at 0.01855
Smart Scan Analysis for KZTDKK
Based on a pre-defined weighted trend formula for chart analysis, KZTDKK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).