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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

East Caribbean Dollar/Danish Krone (FOREX:XCDDKK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_XCDDKK
Open High Low XCDDKK Price Change
2.40975 2.41420 2.39460 2.39600 -0.01375
Entry Signal

MarketClub’s Trade Triangles for XCDDKK

long term up The long term trend has been UP since May 1st, 2018 at 2.28740

intermediate term up The intermediate term trend has been UP since Oct 1st, 2018 at 2.38515

short term up The short term trend has been UP since Oct 17th, 2018 at 2.39140

Smart Scan Analysis for XCDDKK

Based on a pre-defined weighted trend formula for chart analysis, XCDDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for XCDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.40975 2.41420 2.39460 2.39600 -0.01375
Prev. Close Volume Bid Ask Time
2.40975 2.38300 2.40900 2018-10-19 14:43:11
Want to analyze East Caribbean Dollar/Danish Krone XCDDKK or another symbol? Try our Free Forex Trend Analysis Report.