Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
Euro/Danish Krone (FOREX:EURDKK)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.
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MarketClub’s Trade Triangles for EURDKK
The long term trend has been UP since Jul 9th, 2018 at 7.455450
The intermediate term trend has been DOWN since Jun 2nd, 2019 at 7.464375
The short term trend has been UP since Jul 9th, 2019 at 7.467350
Smart Scan Analysis for EURDKK
Based on a pre-defined weighted trend formula for chart analysis, EURDKK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.467125 | 7.468500 | 7.465605 | 7.466965 | -0.000160 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.467125 | 7.466230 | 7.467700 | 2019-07-16 23:19:54 |