Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

Danish Krone/Polish New Zloty (FOREX:DKKPLN)

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.

FOREX_DKKPLN
Open High Low DKKPLN Price Change
0.572530 0.573100 0.570880 0.571685 -0.000845
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term down The long term trend has been DOWN since Dec 27th, 2019 at 0.56889

intermediate term up The intermediate term trend has been UP since Jan 27th, 2020 at 0.57020

short term up The short term trend has been UP since Jan 24th, 2020 at 0.56857

Smart Scan Analysis for DKKPLN

Based on a pre-defined weighted trend formula for chart analysis, DKKPLN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.572530 0.573100 0.570880 0.571685 -0.000845
Prev. Close Volume Bid Ask Time
0.572530 0.571460 0.571910 2020-01-28 18:57:42
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