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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.

FOREX_DKKCHF
Open High Low DKKCHF Price Change
14.72675 14.75640 14.72675 14.75600 +0.02925
Entry Signal

MarketClub’s Trade Triangles for DKKCHF

long term up The long-term trend has been UP since Dec 25th, 2020 at 14.6144

intermediate term up The intermediate-term trend has been UP since Feb 7th, 2021 at 14.5724

short term down 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).

+85
Smart Scan Analysis for DKKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.72675 14.75640 14.72675 14.75600 +0.02925
Prev. Close Volume Bid Ask Time
14.72675 2021-02-28 17:21:14
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