Forex Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
Tunisian Dinar/Danish Krone (FOREX:TNDDKK)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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 TNDDKK
The long term trend has been DOWN since Jan 31st, 2017 at 3.00140
The intermediate term trend has been DOWN since May 10th, 2018 at 2.45905
The short term trend has been UP since Aug 10th, 2018 at 2.38125
Smart Scan Analysis for TNDDKK
Based on a pre-defined weighted trend formula for chart analysis, TNDDKK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).