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Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_CHFDKK
Open High Low CHFDKK Price Change
6.52145 6.54440 6.50895 6.53990 +0.01845
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term up The long term trend has been UP since May 29th, 2018 at 6.50040

intermediate term down The intermediate term trend has been DOWN since Sep 25th, 2018 at 6.57600

short term up The short term trend has been UP since Oct 18th, 2018 at 6.53355

Smart Scan Analysis for CHFDKK

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

+65
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.52145 6.54440 6.50895 6.53990 +0.01845
Prev. Close Volume Bid Ask Time
6.52145 6.53780 6.54200 2018-10-18 19:10:15
Want to analyze Swiss Franc/Danish Krone CHFDKK or another symbol? Try our Free Forex Trend Analysis Report.