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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Swiss Franc/Danish Krone (FOREX:CHFDKK)
Weak Downtrend (-65) - CHFDKK is showing signs of a strengthening downtrend. Monitor CHFDKK as it may be building momentum to the downside.
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 14th, 2024 at 7.801500
The intermediate-term trend has been DOWN since Dec 25th, 2024 at 7.919287
The short-term trend has been DOWN since Jan 17th, 2025 at 7.923700
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 |
|---|---|---|---|---|
| 7.9312 | 7.9343 | 7.8863 | 7.8922 | -0.0390 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.9312 | 2025-01-20 09:43:46 |