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Forex Trend Analysis Report

Prepared for you on Saturday, July 13, 2024.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Weak Downtrend (-65) - CHFDKK is showing signs of a strengthening downtrend. Monitor CHFDKK as it may be building momentum to the downside.

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.

FOREX_CHFDKK
Open High Low CHFDKK Price Change
7.6409 7.6409 7.6409 7.6409 0.0000
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term up The long-term trend has been UP since Jun 14th, 2024 at 7.8015

intermediate term down The intermediate-term trend has been DOWN since Jul 1st, 2024 at 7.6996

short term down The short-term trend has been DOWN since Jul 8th, 2024 at 7.6452

Smart Scan Analysis for CHFDKK

Based on our trend formula, CHFDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.6409 7.6409 7.6409 7.6409 0.0000
Prev. Close Volume Bid Ask Time
7.6409 2024-07-13 14:48:30
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