Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Danish Krone/Ukrainian Hryvnia (FOREX:DKKUAH)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for DKKUAH
The long term trend has been DOWN since Dec 23rd, 2018 at 4.2041000
The intermediate term trend has been UP since Dec 29th, 2019 at 3.5211023
The short term trend has been UP since Jan 28th, 2020 at 3.6341144
Smart Scan Analysis for DKKUAH
Based on a pre-defined weighted trend formula for chart analysis, DKKUAH scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).