Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

/Danish Krone (FOREX:ZMWDKK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

Open High Low ZMWDKK Price Change
0.5545 0.5550 0.5533 0.5534 -0.0011
Entry Signal

MarketClub’s Trade Triangles for ZMWDKK

long term down The long term trend has been DOWN since Sep 17th, 2018 at 0.6116

intermediate term down The intermediate term trend has been DOWN since Aug 24th, 2018 at 0.6338

short term up The short term trend has been UP since Oct 17th, 2018 at 0.5288

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).

Smart Scan Analysis for ZMWDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5545 0.5550 0.5533 0.5534 -0.0011
Prev. Close Volume Bid Ask Time
0.5545 0.5529 0.5539 2018-10-23 14:34:33
Want to analyze /Danish Krone ZMWDKK or another symbol? Try our Free Forex Trend Analysis Report.