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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

East Caribbean Dollar/Danish Krone (FOREX:XCDDKK)

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.

Open High Low XCDDKK Price Change
2.49845 2.51245 2.49655 2.51020 +0.01175
Entry Signal

MarketClub’s Trade Triangles for XCDDKK

long term up The long term trend has been UP since May 1st, 2018 at 2.2874

intermediate term up The intermediate term trend has been UP since Jul 16th, 2019 at 2.4639

short term down The short term trend has been DOWN since Sep 12th, 2019 at 2.4941

Smart Scan Analysis for XCDDKK

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

Smart Scan Analysis for XCDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.49845 2.51245 2.49655 2.51020 +0.01175
Prev. Close Volume Bid Ask Time
2.49845 2.49660 2.52380 2019-09-20 13:43:38
Want to analyze East Caribbean Dollar/Danish Krone XCDDKK or another symbol? Try our Free Forex Trend Analysis Report.