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Forex Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Swiss Franc/Danish Krone (FOREX:CHFDKK)
Sidelines Mode (-55) - CHFDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CHFDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFDKK.
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 CHFDKK
The long-term trend has been DOWN since Nov 25th, 2020 at 6.842200
The intermediate-term trend has been UP since Apr 8th, 2021 at 6.768661
The short-term trend has been DOWN since Apr 14th, 2021 at 6.742200
Smart Scan Analysis for CHFDKK
Based on our trend formula, CHFDKK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.74635 | 6.74635 | 6.74635 | 6.74635 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.74635 | 2021-04-17 22:44:57 |