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Forex Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

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
7.563810 7.576500 7.530177 7.550200 -0.013610
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term down The long-term trend has been DOWN since Nov 8th, 2022 at 7.454800

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2022 at 7.635200

short term down The short-term trend has been DOWN since Nov 24th, 2022 at 7.557558

Smart Scan Analysis for CHFDKK

Based on our trend formula, CHFDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.563810 7.576500 7.530177 7.550200 -0.013610
Prev. Close Volume Bid Ask Time
7.563810 2022-11-29 06:14:12
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