Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, October 17, 2019.
Mexican Peso/Danish Krone (FOREX:MXNDKK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 MXNDKK
The long term trend has been DOWN since Aug 25th, 2019 at 0.333700
The intermediate term trend has been UP since Oct 13th, 2019 at 0.350500
The short term trend has been DOWN since Oct 17th, 2019 at 0.350025
Smart Scan Analysis for MXNDKK
Based on a pre-defined weighted trend formula for chart analysis, MXNDKK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.351155 | 0.351730 | 0.348925 | 0.349860 | -0.001295 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.351155 | 0.349800 | 0.349920 | 2019-10-17 19:19:34 |