Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Euro/Danish Krone (FOREX:EURDKK)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 EURDKK
The long term trend has been UP since Jan 1st, 2020 at 7.555280
The intermediate term trend has been DOWN since Feb 14th, 2020 at 7.470150
The short term trend has been DOWN since Feb 13th, 2020 at 7.470785
Smart Scan Analysis for EURDKK
Based on a pre-defined weighted trend formula for chart analysis, EURDKK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.470810 | 7.471185 | 7.470430 | 7.470830 | +0.000020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.470810 | 7.470320 | 7.471340 | 2020-02-17 02:39:56 |