Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Japanese Yen/Danish Krone (FOREX:JPYDKK)
Countertrend Down (-85) - JPYDKK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid JPYDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYDKK.
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 JPYDKK
The long-term trend has been DOWN since Mar 19th, 2024 at 0.0455300
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.0455300
The short-term trend has been UP since Mar 28th, 2024 at 0.0456135
Smart Scan Analysis for JPYDKK
Based on our trend formula, JPYDKK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.0455240 | 0.0457125 | 0.0455120 | 0.0456520 | +0.0001280 |
Prev. Close | Volume | Bid | Ask | Time |
0.0455240 | 2024-03-28 18:38:05 |