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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Danish Krone/Swiss Franc (FOREX:DKKCHF)

Weak Downtrend (-65) - DKKCHF is showing signs of a strengthening downtrend. Monitor DKKCHF as it may be building momentum to the downside.

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
12.99605 13.02925 12.96890 13.01705 +0.02100
Entry Signal

MarketClub’s Trade Triangles for DKKCHF

long term up The long-term trend has been UP since Mar 1st, 2024 at 12.83745

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 12.97280

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 13.11905

Smart Scan Analysis for DKKCHF

Based on our trend formula, DKKCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.99605 13.02925 12.96890 13.01705 +0.02100
Prev. Close Volume Bid Ask Time
12.99605 2024-04-17 20:53:16
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