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Forex Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

Danish Krone/Swiss Franc (FOREX:DKKCHF)

Sidelines Mode (-55) - DKKCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low DKKCHF Price Change
14.8334 14.8556 14.8116 14.8260 -0.0074
Entry Signal

MarketClub’s Trade Triangles for DKKCHF

long term up The long-term trend has been UP since Dec 25th, 2020 at 14.6144

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2021 at 14.7980

short term up The short-term trend has been UP since Apr 20th, 2021 at 14.8385

Smart Scan Analysis for DKKCHF

Based on our trend formula, DKKCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for DKKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.8334 14.8556 14.8116 14.8260 -0.0074
Prev. Close Volume Bid Ask Time
14.8334 2021-04-22 15:51:35
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