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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.

FOREX_CHFDKK
Open High Low CHFDKK Price Change
6.7220500 6.7394900 6.6905970 6.7015898 -0.0204600
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term down The long-term trend has been DOWN since Nov 25th, 2020 at 6.842200

intermediate term down The intermediate-term trend has been DOWN since Feb 4th, 2021 at 6.852818

short term down 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).

-100
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.7220500 6.7394900 6.6905970 6.7015898 -0.0204600
Prev. Close Volume Bid Ask Time
6.7220500 2021-03-03 16:48:43
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