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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Danish Krone/Swiss Franc (FOREX:DKKCHF)
Strong Downtrend (-100) - DKKCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKCHF continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for DKKCHF
The long-term trend has been DOWN since Jun 14th, 2024 at 12.8196
The intermediate-term trend has been DOWN since Nov 17th, 2024 at 12.5210
The short-term trend has been DOWN since Nov 17th, 2024 at 12.5210
Smart Scan Analysis for DKKCHF
Based on our trend formula, DKKCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.5437 | 12.5550 | 12.5230 | 12.5230 | -0.0207 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.5437 | 2024-11-20 03:48:09 |