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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.
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MarketClub’s Trade Triangles for CHFDKK
The long-term trend has been UP since Jun 3rd, 2019 at 6.707200
The intermediate-term trend has been UP since May 18th, 2020 at 7.110377
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).
| 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 |