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Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Danish Krone/US Dollar (FOREX:DKKUSD)
Weak Downtrend (-65) - DKKUSD is showing signs of a strengthening downtrend. Monitor DKKUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DKKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKUSD.
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 DKKUSD
The long-term trend has been DOWN since Apr 11th, 2024 at 0.14346297
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.14529604
The short-term trend has been UP since May 2nd, 2024 at 0.14393253
Smart Scan Analysis for DKKUSD
Based on our trend formula, DKKUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.14394858 | 0.14496483 | 0.14379220 | 0.14430223 | +0.00035400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.14394858 | 2024-05-03 17:02:43 |