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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.

FOREX_CHFDKK
Open High Low CHFDKK Price Change
6.74635 6.74635 6.74635 6.74635 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term down The long-term trend has been DOWN since Nov 25th, 2020 at 6.842200

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 6.768661

short term down 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).

-55
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways 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
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