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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

New Zealand Dollar/Danish Krone (FOREX:NZDDKK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_NZDDKK
Open High Low NZDDKK Price Change
4.3260 4.3260 4.3260 4.3260 0.0000
Entry Signal

MarketClub’s Trade Triangles for NZDDKK

long term down The long term trend has been DOWN since May 6th, 2019 at 4.4034

intermediate term down The intermediate term trend has been DOWN since Jun 12th, 2019 at 4.3285

short term down The short term trend has been DOWN since Jun 10th, 2019 at 4.3810

Smart Scan Analysis for NZDDKK

Based on a pre-defined weighted trend formula for chart analysis, NZDDKK scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NZDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3260 4.3260 4.3260 4.3260 0.0000
Prev. Close Volume Bid Ask Time
4.326 4.3241 4.3279 2019-06-16 07:27:55
Want to analyze New Zealand Dollar/Danish Krone NZDDKK or another symbol? Try our Free Forex Trend Analysis Report.