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.
MarketClub’s Trade Triangles for DKKSEK
The long term trend has been UP since Feb 4th, 2019 at 1.393065
The intermediate term trend has been DOWN since Sep 6th, 2019 at 1.426800
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).