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Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

Danish Krone/Singapore Dollar (FOREX:DKKSGD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_DKKSGD
Open High Low DKKSGD Price Change
0.205925 0.206270 0.205885 0.206075 +0.000150
Entry Signal

MarketClub’s Trade Triangles for DKKSGD

long term down The long term trend has been DOWN since Nov 9th, 2018 at 0.209355

intermediate term up The intermediate term trend has been UP since May 9th, 2019 at 0.205315

short term up The short term trend has been UP since May 9th, 2019 at 0.204650

Smart Scan Analysis for DKKSGD

Based on a pre-defined weighted trend formula for chart analysis, DKKSGD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for DKKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.205925 0.206270 0.205885 0.206075 +0.000150
Prev. Close Volume Bid Ask Time
0.205925 0.206040 0.206110 2019-05-22 06:52:39
Want to analyze Danish Krone/Singapore Dollar DKKSGD or another symbol? Try our Free Forex Trend Analysis Report.