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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Japanese Yen (FOREX:DKKJPY)
Strong Uptrend (+100) - DKKJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKJPY 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 DKKJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKJPY.
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 DKKJPY
The long-term trend has been UP since Mar 19th, 2024 at 21.9634
The intermediate-term trend has been UP since Mar 19th, 2024 at 21.9634
The short-term trend has been UP since May 7th, 2024 at 22.3177
Smart Scan Analysis for DKKJPY
Based on our trend formula, DKKJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.41765 | 22.43780 | 22.40700 | 22.43690 | +0.01925 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.41765 | 2024-05-09 06:01:56 |