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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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.

FOREX_CHFDKK
Open High Low CHFDKK Price Change
6.64105 6.66740 6.63870 6.65595 +0.01490
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term down The long term trend has been DOWN since Apr 23rd, 2019 at 6.5235

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

short term up The short term trend has been UP since May 10th, 2019 at 6.5650

Smart Scan Analysis for CHFDKK

Based on a pre-defined weighted trend formula for chart analysis, CHFDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.64105 6.66740 6.63870 6.65595 +0.01490
Prev. Close Volume Bid Ask Time
6.64105 6.65330 6.65860 2019-05-23 19:06:12
Want to analyze Swiss Franc/Danish Krone CHFDKK or another symbol? Try our Free Forex Trend Analysis Report.