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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Danish Krone/Swiss Franc (FOREX:DKKCHF)

Long-Term Downtrend (-90) - DKKCHF is in a strong downtrend that is likely to continue. While DKKCHF 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 DKKCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKCHF
Open High Low DKKCHF Price Change
14.33085 14.33100 14.32500 14.32905 -0.00180
Entry Signal

MarketClub’s Trade Triangles for DKKCHF

long term down The long-term trend has been DOWN since Jun 8th, 2021 at 14.69350

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2021 at 14.54225

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 14.32600

Smart Scan Analysis for DKKCHF

Based on our trend formula, DKKCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.33085 14.33100 14.32500 14.32905 -0.00180
Prev. Close Volume Bid Ask Time
14.33085 2021-10-28 01:09:29
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