Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

/Danish Krone (FOREX:RSDDKK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_RSDDKK
Open High Low RSDDKK Price Change
0.06335 0.06340 0.06325 0.06330 -0.00005
Entry Signal

MarketClub’s Trade Triangles for RSDDKK

long term up The long term trend has been UP since Jul 3rd, 2019 at 0.0634

intermediate term down The intermediate term trend has been DOWN since Jul 25th, 2019 at 0.0633

short term down The short term trend has been DOWN since Aug 9th, 2019 at 0.0634

Smart Scan Analysis for RSDDKK

Based on a pre-defined weighted trend formula for chart analysis, RSDDKK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for RSDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06335 0.06340 0.06325 0.06330 -0.00005
Prev. Close Volume Bid Ask Time
0.06335 0.06320 0.06340 2019-08-16 11:57:55
Want to analyze /Danish Krone RSDDKK or another symbol? Try our Free Forex Trend Analysis Report.