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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
6.63735 6.64275 6.61650 6.61900 -0.01835
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term up The long term trend has been UP since May 29th, 2018 at 6.5004

intermediate term up The intermediate term trend has been UP since Nov 12th, 2018 at 6.5762

short term up The short term trend has been UP since Dec 6th, 2018 at 6.6046

Smart Scan Analysis for CHFDKK

Based on a pre-defined weighted trend formula for chart analysis, CHFDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.63735 6.64275 6.61650 6.61900 -0.01835
Prev. Close Volume Bid Ask Time
6.63735 6.61810 6.61990 2018-12-12 07:51:00
Want to analyze Swiss Franc/Danish Krone CHFDKK or another symbol? Try our Free Forex Trend Analysis Report.