Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 18, 2017.

East Caribbean Dollar/Danish Krone (FOREX:XCDDKK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_XCDDKK
Open High Low XCDDKK Price Change
2.34050 2.34410 2.33445 2.34310 +0.00260
Entry Signal

MarketClub’s Trade Triangles for XCDDKK

long term up The long term trend has been UP since Nov 7th, 2017 at 2.38025

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 2.33330

short term down The short term trend has been DOWN since Dec 14th, 2017 at 2.33440

Smart Scan Analysis for XCDDKK

Based on a pre-defined weighted trend formula for chart analysis, XCDDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for XCDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.34050 2.34410 2.33445 2.34310 +0.00260
Prev. Close Volume Bid Ask Time
2.34050 2.34290 2.34330 2017-12-15 13:12:44
Want to analyze East Caribbean Dollar/Danish Krone XCDDKK or another symbol? Try our Free Forex Trend Analysis Report.