Forex Trend Analysis Report
Prepared for you on Tuesday, November 12, 2019.
Ukrainian Hryvnia/Danish Krone (FOREX:UAHDKK)
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.
MarketClub’s Trade Triangles for UAHDKK
The long term trend has been UP since Dec 23rd, 2018 at 0.23788500
The intermediate term trend has been UP since Nov 5th, 2019 at 0.27131905
The short term trend has been UP since Oct 29th, 2019 at 0.26790118
Smart Scan Analysis for UAHDKK
Based on a pre-defined weighted trend formula for chart analysis, UAHDKK scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).