Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
Swiss Franc/Danish Krone (FOREX:CHFDKK)
Strong Downtrend (-100) - CHFDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for CHFDKK
The long-term trend has been DOWN since Nov 25th, 2020 at 6.842200
The intermediate-term trend has been DOWN since Feb 4th, 2021 at 6.852818
The short-term trend has been DOWN since Mar 2nd, 2021 at 6.735714
Smart Scan Analysis for CHFDKK
Based on our trend formula, CHFDKK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).