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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CHFDKK
Open High Low CHFDKK Price Change
6.957248 6.963800 6.949934 6.953250 -0.003998
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 Dec 18th, 2019 at 6.849600

short term up The short term trend has been UP since Dec 30th, 2019 at 6.873878

Smart Scan Analysis for CHFDKK

Based on a pre-defined weighted trend formula for chart analysis, CHFDKK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.957248 6.963800 6.949934 6.953250 -0.003998
Prev. Close Volume Bid Ask Time
6.957248 6.952600 6.953900 2020-01-21 22:21:41
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