Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
Chinese Yuan Renminbi/Danish Krone (FOREX:CNYDKK)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.
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MarketClub’s Trade Triangles for CNYDKK
The long term trend has been DOWN since Jun 3rd, 2019 at 0.964370
The intermediate term trend has been UP since Jul 8th, 2019 at 0.966900
The short term trend has been DOWN since Jul 18th, 2019 at 0.962425
Smart Scan Analysis for CNYDKK
Based on a pre-defined weighted trend formula for chart analysis, CNYDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.968335 | 0.968335 | 0.968335 | 0.968335 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.968335 | 0.962060 | 0.974610 | 2019-07-21 00:13:04 |