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Forex Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

Danish Krone/Euro (FOREX:DKKEUR)

Countertrend Up (+85) - DKKEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_DKKEUR
Open High Low DKKEUR Price Change
0.13407000 0.13410100 0.13403750 0.13407962 +0.00001000
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term up The long-term trend has been UP since Aug 2nd, 2024 at 0.13418101

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2024 at 0.13438241

short term down The short-term trend has been DOWN since Dec 1st, 2024 at 0.13401143

Smart Scan Analysis for DKKEUR

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

+85
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13407000 0.13410100 0.13403750 0.13407962 +0.00001000
Prev. Close Volume Bid Ask Time
0.13407000 2024-12-02 08:31:21
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