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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

/Danish Krone (FOREX:RSDDKK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_RSDDKK
Open High Low RSDDKK Price Change
0.06315 0.06325 0.06305 0.06310 -0.00005
Entry Signal

MarketClub’s Trade Triangles for RSDDKK

long term up The long term trend has been UP since May 18th, 2017 at 0.06055

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2018 at 0.06315

short term up The short term trend has been UP since Jun 20th, 2018 at 0.06315

Smart Scan Analysis for RSDDKK

Based on a pre-defined weighted trend formula for chart analysis, RSDDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for RSDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06315 0.06325 0.06305 0.06310 -0.00005
Prev. Close Volume Bid Ask Time
0.06315 0.06300 0.06320 2018-06-20 07:27:57
Want to analyze /Danish Krone RSDDKK or another symbol? Try our Free Forex Trend Analysis Report.