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Forex Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Weak Uptrend (+65) - CHFDKK is showing signs of weakening momentum to the upside. Monitor CHFDKK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CHFDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFDKK
Open High Low CHFDKK Price Change
7.6455 7.6573 7.6305 7.6526 +0.0071
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term up The long-term trend has been UP since May 22nd, 2023 at 7.670565

intermediate term up The intermediate-term trend has been UP since May 12th, 2023 at 7.645260

short term down The short-term trend has been DOWN since May 30th, 2023 at 7.664100

Smart Scan Analysis for CHFDKK

Based on our trend formula, CHFDKK is rated as a +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
7.6455 7.6573 7.6305 7.6526 +0.0071
Prev. Close Volume Bid Ask Time
7.6455 2023-06-02 11:56:45
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