Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Swiss Franc/Danish Krone (FOREX:CHFDKK)

Strong Uptrend (+100) - CHFDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
7.897500 7.907800 7.892000 7.905232 +0.007732
Entry Signal

MarketClub’s Trade Triangles for CHFDKK

long term up The long-term trend has been UP since May 22nd, 2023 at 7.670565

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2023 at 7.780700

short term up The short-term trend has been UP since Nov 22nd, 2023 at 7.735800

Smart Scan Analysis for CHFDKK

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

+100
Smart Scan Analysis for CHFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.897500 7.907800 7.892000 7.905232 +0.007732
Prev. Close Volume Bid Ask Time
7.897500 2023-12-08 04:22:40
Get a free daily analysis and signals for Swiss Franc/Danish Krone (CHFDKK) - Request Your Free Report.