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Forex Trend Analysis Report
Prepared for you on Tuesday, January 14, 2025.
Euro/Danish Krone (FOREX:EURDKK)
Sidelines Mode (-50) - EURDKK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURDKK can gain momentum.
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 Dec 24th, 2024 at 7.47065
The intermediate-term trend has been DOWN since Dec 24th, 2024 at 7.45175
The short-term trend has been DOWN since Jan 13th, 2025 at 7.45786
Smart Scan Analysis for EURDKK
Based on our trend formula, EURDKK is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.459665 | 7.465210 | 7.455575 | 7.460550 | +0.000885 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.459665 | 2025-01-14 19:13:54 |