Forex Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
Tunisian Dinar/Danish Krone (FOREX:TNDDKK)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 Dec 14th, 2018 at 2.24915
Smart Scan Analysis for TNDDKK
Based on a pre-defined weighted trend formula for chart analysis, TNDDKK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).