Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_DKKTWD
Open High Low DKKTWD Price Change
4.71945 4.71945 4.71945 4.71945 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKTWD

long term down The long term trend has been DOWN since Nov 1st, 2018 at 4.70550

intermediate term up The intermediate term trend has been UP since May 12th, 2019 at 4.64975

short term up The short term trend has been UP since May 12th, 2019 at 4.64975

Smart Scan Analysis for DKKTWD

Based on a pre-defined weighted trend formula for chart analysis, DKKTWD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.71945 4.71945 4.71945 4.71945 0.00000
Prev. Close Volume Bid Ask Time
4.71945 4.58550 4.85340 2019-05-24 08:50:03
Want to analyze Danish Krone/New Taiwan Dollar DKKTWD or another symbol? Try our Free Forex Trend Analysis Report.