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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Peruvian Nuevo Sol/Danish Krone (FOREX:PENDKK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

FOREX_PENDKK
Open High Low PENDKK Price Change
1.98375 1.98655 1.97925 1.98655 +0.00280
Entry Signal

MarketClub’s Trade Triangles for PENDKK

long term up The long term trend has been UP since Dec 14th, 2018 at 1.97050

intermediate term up The intermediate term trend has been UP since Feb 11th, 2019 at 1.98405

short term down The short term trend has been DOWN since Feb 13th, 2019 at 1.97745

Smart Scan Analysis for PENDKK

Based on a pre-defined weighted trend formula for chart analysis, PENDKK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for PENDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.98375 1.98655 1.97925 1.98655 +0.00280
Prev. Close Volume Bid Ask Time
1.98375 1.98580 1.98730 2019-02-18 13:05:34
Want to analyze Peruvian Nuevo Sol/Danish Krone PENDKK or another symbol? Try our Free Forex Trend Analysis Report.