Forex Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
East Caribbean Dollar/Danish Krone (FOREX:XCDDKK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for XCDDKK
The long term trend has been UP since May 1st, 2018 at 2.28740
The intermediate term trend has been DOWN since Jul 9th, 2018 at 2.34455
The short term trend has been UP since Jul 12th, 2018 at 2.35870
Smart Scan Analysis for XCDDKK
Based on a pre-defined weighted trend formula for chart analysis, XCDDKK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).