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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Euro/Danish Krone (FOREX:EURDKK)
Sidelines Mode (+55) - EURDKK 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 EURDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURDKK.
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 EURDKK
The long-term trend has been UP since Jun 28th, 2023 at 7.459610
The intermediate-term trend has been UP since Feb 6th, 2024 at 7.461535
The short-term trend has been DOWN since Apr 24th, 2024 at 7.455915
Smart Scan Analysis for EURDKK
Based on our trend formula, EURDKK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.458840 | 7.459110 | 7.458165 | 7.458555 | -0.000285 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.458840 | 2024-04-25 04:27:41 |