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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

New Zealand Dollar/Danish Krone (FOREX:NZDDKK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

FOREX_NZDDKK
Open High Low NZDDKK Price Change
4.26765 4.26765 4.26765 4.26765 0.00000
Entry Signal

MarketClub’s Trade Triangles for NZDDKK

long term down The long term trend has been DOWN since Jul 2nd, 2018 at 4.30735

intermediate term up The intermediate term trend has been UP since Oct 18th, 2018 at 4.26520

short term up The short term trend has been UP since Oct 9th, 2018 at 4.19680

Smart Scan Analysis for NZDDKK

Based on a pre-defined weighted trend formula for chart analysis, NZDDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for NZDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.26765 4.26765 4.26765 4.26765 0.00000
Prev. Close Volume Bid Ask Time
4.26765 4.26520 4.27010 2018-10-20 04:34:32
Want to analyze New Zealand Dollar/Danish Krone NZDDKK or another symbol? Try our Free Forex Trend Analysis Report.