Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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_DKKTWD
Open High Low DKKTWD Price Change
4.70075 4.70075 4.70075 4.70075 0.00000
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 up The intermediate term trend has been UP since Aug 5th, 2019 at 4.69035

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 -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.70075 4.70075 4.70075 4.70075 0.00000
Prev. Close Volume Bid Ask Time
4.70075 4.56670 4.83480 2019-08-15 21:07:52
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