Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Danish Krone/Swiss Franc (FOREX:DKKCHF)
Countertrend Up (+85) - DKKCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DKKCHF?
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.
MarketClub’s Trade Triangles for DKKCHF
The long-term trend has been UP since Dec 25th, 2020 at 14.6144
The intermediate-term trend has been UP since Feb 7th, 2021 at 14.5724
The short-term trend has been DOWN since Feb 28th, 2021 at 14.7333
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).