Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Danish Krone/US Dollar (FOREX:DKKUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_DKKUSD
Open High Low DKKUSD Price Change
0.148284 0.148410 0.147235 0.147340 -0.000944
Entry Signal

MarketClub’s Trade Triangles for DKKUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.161920

intermediate term down The intermediate term trend has been DOWN since Jul 17th, 2019 at 0.150015

short term up The short term trend has been UP since Sep 13th, 2019 at 0.148516

Smart Scan Analysis for DKKUSD

Based on a pre-defined weighted trend formula for chart analysis, DKKUSD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for DKKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.148284 0.148410 0.147235 0.147340 -0.000944
Prev. Close Volume Bid Ask Time
0.148284 0.147330 0.147350 2019-09-16 18:14:26
Want to analyze Danish Krone/US Dollar DKKUSD or another symbol? Try our Free Forex Trend Analysis Report.