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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Danish Krone/Swiss Franc (FOREX:DKKCHF)

Countertrend Down (-85) - DKKCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKCHF
Open High Low DKKCHF Price Change
14.25075 14.25750 14.22300 14.22655 -0.02420
Entry Signal

MarketClub’s Trade Triangles for DKKCHF

long term down The long-term trend has been DOWN since Jun 3rd, 2019 at 14.9500

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2019 at 14.6013

short term up The short-term trend has been UP since Feb 16th, 2020 at 14.2554

Smart Scan Analysis for DKKCHF

Based on our trend formula, DKKCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DKKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.25075 14.25750 14.22300 14.22655 -0.02420
Prev. Close Volume Bid Ask Time
14.25075 14.22150 14.23160 2020-02-17 16:50:36
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