Forex Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
Canadian Dollar/Danish Krone (FOREX:CADDKK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CADDKK
The long term trend has been UP since Jun 20th, 2019 at 5.0086
The intermediate term trend has been UP since May 19th, 2019 at 4.9799
The short term trend has been UP since Jun 19th, 2019 at 4.9889
Smart Scan Analysis for CADDKK
Based on a pre-defined weighted trend formula for chart analysis, CADDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).