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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

Danish Krone/Canadian Dollar (FOREX:DKKCAD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

FOREX_DKKCAD
Open High Low DKKCAD Price Change
0.201335 0.201545 0.201180 0.201515 +0.000180
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term up The long term trend has been UP since Dec 20th, 2018 at 0.20614

intermediate term down The intermediate term trend has been DOWN since May 19th, 2019 at 0.20079

short term up The short term trend has been UP since Jun 12th, 2019 at 0.20169

Smart Scan Analysis for DKKCAD

Based on a pre-defined weighted trend formula for chart analysis, DKKCAD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.201335 0.201545 0.201180 0.201515 +0.000180
Prev. Close Volume Bid Ask Time
0.201335 0.201500 0.201530 2019-06-16 22:38:09
Want to analyze Danish Krone/Canadian Dollar DKKCAD or another symbol? Try our Free Forex Trend Analysis Report.