Forex Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
Danish Krone/Polish New Zloty (FOREX:DKKPLN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DKKPLN
The long term trend has been DOWN since Jun 7th, 2019 at 0.571950
The intermediate term trend has been DOWN since Jun 2nd, 2019 at 0.573240
The short term trend has been UP since Jun 26th, 2019 at 0.570965
Smart Scan Analysis for DKKPLN
Based on a pre-defined weighted trend formula for chart analysis, DKKPLN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).