Forex Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
Kazakhstan Tenge/Danish Krone (FOREX:KZTDKK)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 KZTDKK
The long term trend has been DOWN since Jul 31st, 2018 at 0.01830
The intermediate term trend has been UP since Feb 11th, 2019 at 0.01750
The short term trend has been DOWN since Mar 14th, 2019 at 0.01745
Smart Scan Analysis for KZTDKK
Based on a pre-defined weighted trend formula for chart analysis, KZTDKK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).