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.
MarketClub’s Trade Triangles for DKKCHF
The long-term trend has been DOWN since Jun 3rd, 2019 at 14.9500
The intermediate-term trend has been DOWN since Dec 18th, 2019 at 14.6013
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).