Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Danish Krone/Swedish Krona (FOREX:DKKSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

FOREX_DKKSEK
Open High Low DKKSEK Price Change
1.433400 1.434185 1.431435 1.434145 +0.000745
Entry Signal

MarketClub’s Trade Triangles for DKKSEK

long term up The long term trend has been UP since Feb 4th, 2019 at 1.393065

intermediate term down The intermediate term trend has been DOWN since Sep 6th, 2019 at 1.426800

short term up The short term trend has been UP since Sep 17th, 2019 at 1.430685

Smart Scan Analysis for DKKSEK

Based on a pre-defined weighted trend formula for chart analysis, DKKSEK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for DKKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.433400 1.434185 1.431435 1.434145 +0.000745
Prev. Close Volume Bid Ask Time
1.433400 1.433870 1.434420 2019-09-20 06:34:20
Want to analyze Danish Krone/Swedish Krona DKKSEK or another symbol? Try our Free Forex Trend Analysis Report.