Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
Danish Krone/Czech Koruna (FOREX:DKKCZK)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 DKKCZK
The long term trend has been DOWN since Nov 25th, 2019 at 3.40900
The intermediate term trend has been DOWN since Sep 25th, 2019 at 3.45865
The short term trend has been DOWN since Dec 4th, 2019 at 3.41550
Smart Scan Analysis for DKKCZK
Based on a pre-defined weighted trend formula for chart analysis, DKKCZK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).