Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, May 26, 2019.

/Danish Krone (FOREX:ZMWDKK)

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_ZMWDKK
Open High Low ZMWDKK Price Change
0.51435 0.52375 0.51415 0.52275 +0.00840
Entry Signal

MarketClub’s Trade Triangles for ZMWDKK

long term down The long term trend has been DOWN since Sep 17th, 2018 at 0.6116

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2019 at 0.5473

short term up The short term trend has been UP since May 23rd, 2019 at 0.4863

Smart Scan Analysis for ZMWDKK

Based on a pre-defined weighted trend formula for chart analysis, ZMWDKK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for ZMWDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51435 0.52375 0.51415 0.52275 +0.00840
Prev. Close Volume Bid Ask Time
0.51435 0.52230 0.52320 2019-05-24 14:12:19
Want to analyze /Danish Krone ZMWDKK or another symbol? Try our Free Forex Trend Analysis Report.