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Forex Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low CHFDKK Price Change
6.8425 6.8568 6.8282 6.8346 -0.0079
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term up The long term trend has been UP since Jun 3rd, 2019 at 6.7072

intermediate term up The intermediate term trend has been UP since May 12th, 2019 at 6.5799

short term down The short term trend has been DOWN since Aug 19th, 2019 at 6.8556

Smart Scan Analysis for CHFDKK

Based on a pre-defined weighted trend formula for chart analysis, CHFDKK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.8425 6.8568 6.8282 6.8346 -0.0079
Prev. Close Volume Bid Ask Time
6.8425 6.8339 6.8353 2019-08-22 11:46:13
Want to analyze Swiss Franc/Danish Krone CHFDKK or another symbol? Try our Free Forex Trend Analysis Report.