Forex Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
Danish Krone/Euro (FOREX:DKKEUR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for DKKEUR
The long term trend has been UP since Dec 12th, 2019 at 0.1341400
The intermediate term trend has been UP since Jan 26th, 2020 at 0.1338540
The short term trend has been UP since Jan 26th, 2020 at 0.1338455
Smart Scan Analysis for DKKEUR
Based on a pre-defined weighted trend formula for chart analysis, DKKEUR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).