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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Bull Market Weakness (+75) - CHFDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
7.042600 7.056518 7.031311 7.042043 -0.000557
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term up The long-term trend has been UP since Jun 3rd, 2019 at 6.707200

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 7.110377

short term up The short-term trend has been UP since May 25th, 2020 at 7.054448

Smart Scan Analysis for CHFDKK

Based on our trend formula, CHFDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.042600 7.056518 7.031311 7.042043 -0.000557
Prev. Close Volume Bid Ask Time
7.042600 7.017248 7.066838 2020-05-25 05:25:26
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