Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, November 21, 2017.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
6.38530 6.39385 6.37710 6.39375 +0.00845
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 up The short term trend has been UP since Nov 19th, 2017 at 6.393400

Smart Scan Analysis for CHFDKK

Based on a pre-defined weighted trend formula for chart analysis, CHFDKK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.38530 6.39385 6.37710 6.39375 +0.00845
Prev. Close Volume Bid Ask Time
6.38530 6.39290 6.39460 2017-11-21 10:21:51
Want to analyze Swiss Franc/Danish Krone CHFDKK or another symbol? Try our Free Forex Trend Analysis Report.