Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
Danish Krone/New Zealand Dollar (FOREX:DKKNZD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.
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MarketClub’s Trade Triangles for DKKNZD
The long term trend has been DOWN since Nov 1st, 2018 at 0.229710
The intermediate term trend has been DOWN since Jan 15th, 2019 at 0.224655
The short term trend has been UP since Feb 19th, 2019 at 0.221735
Smart Scan Analysis for DKKNZD
Based on a pre-defined weighted trend formula for chart analysis, DKKNZD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.221285 | 0.221455 | 0.221215 | 0.221420 | +0.000135 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.221285 | 0.221380 | 0.221460 | 2019-02-20 04:04:05 |