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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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
6.43060 6.43710 6.40205 6.42075 -0.00985
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term down The long term trend has been DOWN since Apr 25th, 2017 at 6.858255

intermediate term down The intermediate term trend has been DOWN since Jun 28th, 2017 at 6.815700

short term down The short term trend has been DOWN since Sep 12th, 2017 at 6.502800

Smart Scan Analysis for CHFDKK

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

-100
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.43060 6.43710 6.40205 6.42075 -0.00985
Prev. Close Volume Bid Ask Time
6.43060 6.41970 6.42180 2017-09-22 18:24:01
Want to analyze Swiss Franc/Danish Krone CHFDKK or another symbol? Try our Free Forex Trend Analysis Report.