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Forex Trend Analysis Report

Prepared for you on Saturday, February 15, 2025.

Danish Krone/Brazilian Real (FOREX:DKKBRL)

Countertrend Down (-85) - DKKBRL 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 DKKBRL?

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

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

FOREX_DKKBRL
Open High Low DKKBRL Price Change
0.8083858 0.8145334 0.8009516 0.8021226 -0.0062630
Entry Signal

MarketClub’s Trade Triangles for DKKBRL

long term down The long-term trend has been DOWN since Feb 2nd, 2025 at 0.8057614

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2025 at 0.8431567

short term up The short-term trend has been UP since Feb 14th, 2025 at 0.8096117

Smart Scan Analysis for DKKBRL

Based on our trend formula, DKKBRL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DKKBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8083858 0.8145334 0.8009516 0.8021226 -0.0062630
Prev. Close Volume Bid Ask Time
0.8083858 2025-02-14 17:03:39
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