Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

/Danish Krone (FOREX:ZMWDKK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

FOREX_ZMWDKK
Open High Low ZMWDKK Price Change
0.63470 0.64165 0.63445 0.63975 +0.00505
Entry Signal

MarketClub’s Trade Triangles for ZMWDKK

long term up The long term trend has been UP since Apr 5th, 2018 at 0.64930

intermediate term down The intermediate term trend has been DOWN since Apr 16th, 2018 at 0.63200

short term up The short term trend has been UP since Apr 19th, 2018 at 0.63365

Smart Scan Analysis for ZMWDKK

Based on a pre-defined weighted trend formula for chart analysis, ZMWDKK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for ZMWDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.63470 0.64165 0.63445 0.63975 +0.00505
Prev. Close Volume Bid Ask Time
0.63470 0.63900 0.64050 2018-04-20 14:32:37
Want to analyze /Danish Krone ZMWDKK or another symbol? Try our Free Forex Trend Analysis Report.