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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.
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MarketClub’s Trade Triangles for CHFDKK
The long-term trend has been UP since May 22nd, 2023 at 7.670565
The intermediate-term trend has been UP since May 12th, 2023 at 7.645260
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).
| 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 |