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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Swiss Franc/Danish Krone (FOREX:CHFDKK)
Long-Term Downtrend (-90) - CHFDKK is in a strong downtrend that is likely to continue. While CHFDKK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CHFDKK
The long-term trend has been DOWN since Jan 24th, 2025 at 7.849800
The intermediate-term trend has been DOWN since Feb 13th, 2025 at 7.839755
The short-term trend has been DOWN since Mar 11th, 2025 at 7.774900
Smart Scan Analysis for CHFDKK
Based on our trend formula, CHFDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.744494 | 7.745300 | 7.741700 | 7.742245 | -0.002249 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.744494 | 2025-03-12 00:35:06 |