Forex Trend Analysis Report
Prepared for you on Wednesday, December 19, 2018.
Ukrainian Hryvnia/Danish Krone (FOREX:UAHDKK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 UAHDKK
The long term trend has been DOWN since Aug 19th, 2018 at 0.234840
The intermediate term trend has been UP since Dec 16th, 2018 at 0.236975
The short term trend has been UP since Dec 6th, 2018 at 0.233745
Smart Scan Analysis for UAHDKK
Based on a pre-defined weighted trend formula for chart analysis, UAHDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).