Forex Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for DKKHKD
The long term trend has been DOWN since May 1st, 2018 at 1.270785
The intermediate term trend has been UP since Mar 20th, 2019 at 1.201360
The short term trend has been UP since Mar 12th, 2019 at 1.185810
Smart Scan Analysis for DKKHKD
Based on a pre-defined weighted trend formula for chart analysis, DKKHKD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).