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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Danish Krone/Swiss Franc (FOREX:DKKCHF)

Sidelines Mode (-55) - DKKCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_DKKCHF
Open High Low DKKCHF Price Change
13.3455 13.4090 13.3324 13.3970 +0.0515
Entry Signal

MarketClub’s Trade Triangles for DKKCHF

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 13.2000

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 13.2130

short term up The short-term trend has been UP since Mar 17th, 2023 at 13.2725

Smart Scan Analysis for DKKCHF

Based on our trend formula, DKKCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DKKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.3455 13.4090 13.3324 13.3970 +0.0515
Prev. Close Volume Bid Ask Time
13.3455 2023-03-22 15:20:30
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