Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

CFA Franc BEAC/Danish Krone (FOREX:XAFDKK)

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.

FOREX_XAFDKK
Open High Low XAFDKK Price Change
0.01130 0.01135 0.01130 0.01135 +0.00005
Entry Signal

MarketClub’s Trade Triangles for XAFDKK

long term down The long term trend has been DOWN since Jun 6th, 2018 at 0.0113

intermediate term down The intermediate term trend has been DOWN since Jun 6th, 2018 at 0.0113

short term up The short term trend has been UP since Jul 13th, 2018 at 0.0114

Smart Scan Analysis for XAFDKK

Based on a pre-defined weighted trend formula for chart analysis, XAFDKK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for XAFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01130 0.01135 0.01130 0.01135 +0.00005
Prev. Close Volume Bid Ask Time
0.01130 0.01130 0.01140 2018-07-17 13:06:25
Want to analyze CFA Franc BEAC/Danish Krone XAFDKK or another symbol? Try our Free Forex Trend Analysis Report.