Forex Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
South Korean Won/Danish Krone (FOREX:KRWDKK)
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 KRWDKK
The long term trend has been UP since Sep 12th, 2019 at 0.00570
The intermediate term trend has been UP since Aug 20th, 2019 at 0.00555
The short term trend has been UP since Sep 12th, 2019 at 0.00560
Smart Scan Analysis for KRWDKK
Based on a pre-defined weighted trend formula for chart analysis, KRWDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).