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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

New Zealand Dollar/Danish Krone (FOREX:NZDDKK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_NZDDKK
Open High Low NZDDKK Price Change
4.5035 4.5194 4.5010 4.5156 +0.0121
Entry Signal

MarketClub’s Trade Triangles for NZDDKK

long term up The long term trend has been UP since Nov 1st, 2018 at 4.3530

intermediate term up The intermediate term trend has been UP since Oct 18th, 2018 at 4.2652

short term up The short term trend has been UP since Dec 11th, 2018 at 4.5242

Smart Scan Analysis for NZDDKK

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

+100
Smart Scan Analysis for NZDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5035 4.5194 4.5010 4.5156 +0.0121
Prev. Close Volume Bid Ask Time
4.5035 4.5147 4.5165 2018-12-13 10:34:35
Want to analyze New Zealand Dollar/Danish Krone NZDDKK or another symbol? Try our Free Forex Trend Analysis Report.