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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Danish Krone/Canadian Dollar (FOREX:DKKCAD)

Weak Downtrend (-65) - DKKCAD is showing signs of a strengthening downtrend. Monitor DKKCAD as it may be building momentum to the downside.

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

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

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

FOREX_DKKCAD
Open High Low DKKCAD Price Change
0.19952900 0.20017130 0.19936404 0.19959456 +0.00006600
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 0.19939866

intermediate term down The intermediate-term trend has been DOWN since Jan 2nd, 2025 at 0.19875928

short term up The short-term trend has been UP since Jan 15th, 2025 at 0.19840322

Smart Scan Analysis for DKKCAD

Based on our trend formula, DKKCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19952900 0.20017130 0.19936404 0.19959456 +0.00006600
Prev. Close Volume Bid Ask Time
0.19952900 2025-01-20 09:46:56
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