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Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

East Caribbean Dollar/Danish Krone (FOREX:XCDDKK)

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.

Open High Low XCDDKK Price Change
2.23460 2.23915 2.22950 2.22950 -0.00510
Entry Signal

MarketClub’s Trade Triangles for XCDDKK

long term down The long term trend has been DOWN since Jan 2nd, 2018 at 2.2946

intermediate term up The intermediate term trend has been UP since Feb 28th, 2018 at 2.2561

short term down The short term trend has been DOWN since Mar 22nd, 2018 at 2.2332

Smart Scan Analysis for XCDDKK

Based on a pre-defined weighted trend formula for chart analysis, XCDDKK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for XCDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.23460 2.23915 2.22950 2.22950 -0.00510
Prev. Close Volume Bid Ask Time
2.23460 2.22930 2.22970 2018-03-23 15:22:27
Want to analyze East Caribbean Dollar/Danish Krone XCDDKK or another symbol? Try our Free Forex Trend Analysis Report.