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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Danish Krone/Swiss Franc (FOREX:DKKCHF)

Long-Term Downtrend (-90) - DKKCHF is in a strong downtrend that is likely to continue. While DKKCHF is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_DKKCHF
Open High Low DKKCHF Price Change
14.13750 14.14720 14.11400 14.14515 +0.00765
Entry Signal

MarketClub’s Trade Triangles for DKKCHF

long term down The long-term trend has been DOWN since Jun 3rd, 2019 at 14.95000

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2019 at 14.60130

short term down The short-term trend has been DOWN since Mar 30th, 2020 at 14.15715

Smart Scan Analysis for DKKCHF

Based on our trend formula, DKKCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.13750 14.14720 14.11400 14.14515 +0.00765
Prev. Close Volume Bid Ask Time
14.13750 14.13070 14.15960 2020-04-03 17:10:32
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