Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

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.

FOREX_DKKNZD
Open High Low DKKNZD Price Change
0.229145 0.229300 0.228045 0.228845 -0.000300
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term up The long term trend has been UP since May 6th, 2019 at 0.227085

intermediate term up The intermediate term trend has been UP since Apr 5th, 2019 at 0.222875

short term down The short term trend has been DOWN since May 19th, 2019 at 0.228130

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).

+75
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.229145 0.229300 0.228045 0.228845 -0.000300
Prev. Close Volume Bid Ask Time
0.229145 0.228770 0.228920 2019-05-19 16:32:30
Want to analyze Danish Krone/New Zealand Dollar DKKNZD or another symbol? Try our Free Forex Trend Analysis Report.