Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
Danish Krone/Euro (FOREX:DKKEUR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
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MarketClub’s Trade Triangles for DKKEUR
The long term trend has been UP since Aug 14th, 2019 at 0.134038
The intermediate term trend has been DOWN since Sep 1st, 2019 at 0.133937
The short term trend has been DOWN since Sep 1st, 2019 at 0.134052
Smart Scan Analysis for DKKEUR
Based on a pre-defined weighted trend formula for chart analysis, DKKEUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.133910 | 0.133935 | 0.133879 | 0.133920 | +0.000010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.133910 | 0.133910 | 0.133930 | 2019-09-18 07:16:34 |