Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Mexican Peso (FOREX:DKKMXN)
Weak Uptrend (+65) - DKKMXN is showing signs of weakening momentum to the upside. Monitor DKKMXN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DKKMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKMXN.
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 DKKMXN
The long-term trend has been UP since Apr 18th, 2024 at 2.5324405
The intermediate-term trend has been UP since Apr 16th, 2024 at 2.4142629
The short-term trend has been DOWN since May 7th, 2024 at 2.4337900
Smart Scan Analysis for DKKMXN
Based on our trend formula, DKKMXN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.4382701 | 2.4438843 | 2.4345600 | 2.4404350 | +0.0021650 |
Prev. Close | Volume | Bid | Ask | Time |
2.4382701 | 2024-05-09 10:28:24 |