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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

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.

FOREX_CHFDKK
Open High Low CHFDKK Price Change
6.44400 6.45390 6.44051 6.44690 +0.00290
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term up The long term trend has been UP since Feb 5th, 2018 at 6.4477

intermediate term up The intermediate term trend has been UP since Jan 25th, 2018 at 6.3773

short term down The short term trend has been DOWN since Feb 20th, 2018 at 6.4418

Smart Scan Analysis for CHFDKK

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

+85
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.44400 6.45390 6.44051 6.44690 +0.00290
Prev. Close Volume Bid Ask Time
6.44400 6.44600 6.44780 2018-02-21 04:24:34
Want to analyze Swiss Franc/Danish Krone CHFDKK or another symbol? Try our Free Forex Trend Analysis Report.