Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
Danish Krone/Norwegian Krone (FOREX:DKKNOK)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.
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MarketClub’s Trade Triangles for DKKNOK
The long term trend has been DOWN since Mar 21st, 2019 at 1.29089
The intermediate term trend has been DOWN since May 28th, 2019 at 1.30285
The short term trend has been DOWN since Jun 19th, 2019 at 1.30710
Smart Scan Analysis for DKKNOK
Based on a pre-defined weighted trend formula for chart analysis, DKKNOK scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.30670 | 1.30735 | 1.29410 | 1.29550 | -0.01120 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.30670 | 1.29520 | 1.29580 | 2019-06-20 07:30:41 |