Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 DKKTWD
The long term trend has been DOWN since Aug 1st, 2019 at 4.6351500
The intermediate term trend has been DOWN since Dec 22nd, 2019 at 4.4906926
The short term trend has been UP since Jan 21st, 2020 at 4.4549759
Smart Scan Analysis for DKKTWD
Based on a pre-defined weighted trend formula for chart analysis, DKKTWD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.4611533 | 4.4611533 | 4.4609443 | 4.4609443 | -0.0002090 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.4611533 | 4.3271255 | 4.5947631 | 2020-01-21 21:00:31 |