Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_DKKTWD
Open High Low DKKTWD Price Change
4.531366 4.531366 4.531366 4.531366 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKTWD

long term down The long term trend has been DOWN since Aug 1st, 2019 at 4.63515

intermediate term down The intermediate term trend has been DOWN since Sep 1st, 2019 at 4.64870

short term down The short term trend has been DOWN since Aug 15th, 2019 at 4.70750

Smart Scan Analysis for DKKTWD

Based on a pre-defined weighted trend formula for chart analysis, DKKTWD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.531366 4.531366 4.531366 4.531366 0.000000
Prev. Close Volume Bid Ask Time
4.531366 4.397480 4.665252 2019-10-13 05:45:09
Want to analyze Danish Krone/New Taiwan Dollar DKKTWD or another symbol? Try our Free Forex Trend Analysis Report.