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Forex Trend Analysis Report

Prepared for you on Saturday, November 17, 2018.

CFA Franc BEAC/Danish Krone (FOREX:XAFDKK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low XAFDKK Price Change
0.0114 0.0114 0.0113 0.0113 -0.0001
Entry Signal

MarketClub’s Trade Triangles for XAFDKK

long term up The long term trend has been UP since Oct 19th, 2018 at 0.01165

intermediate term down The intermediate term trend has been DOWN since Nov 5th, 2018 at 0.01150

short term down The short term trend has been DOWN since Nov 15th, 2018 at 0.01140

Smart Scan Analysis for XAFDKK

Based on a pre-defined weighted trend formula for chart analysis, XAFDKK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for XAFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0114 0.0114 0.0113 0.0113 -0.0001
Prev. Close Volume Bid Ask Time
0.0114 0.0113 0.0113 2018-11-16 07:25:16
Want to analyze CFA Franc BEAC/Danish Krone XAFDKK or another symbol? Try our Free Forex Trend Analysis Report.