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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Danish Krone/Euro (FOREX:DKKEUR)

Bear Market Rally (-75) - DKKEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKEUR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid DKKEUR?

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

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

FOREX_DKKEUR
Open High Low DKKEUR Price Change
0.13409338 0.13411600 0.13398231 0.13408690 -0.00000600
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term down The long-term trend has been DOWN since Sep 6th, 2023 at 0.13399989

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2024 at 0.13402000

short term down The short-term trend has been DOWN since Apr 26th, 2024 at 0.13400000

Smart Scan Analysis for DKKEUR

Based on our trend formula, DKKEUR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13409338 0.13411600 0.13398231 0.13408690 -0.00000600
Prev. Close Volume Bid Ask Time
0.13409338 2024-04-26 17:08:53
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