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.
MarketClub’s Trade Triangles for DKKPLN
The long term trend has been DOWN since Dec 27th, 2019 at 0.56889
The intermediate term trend has been UP since Jan 27th, 2020 at 0.57020
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).