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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Danish Krone/Euro (FOREX:DKKEUR)

Crossroads (-60) - DKKEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.13403700 0.13405650 0.13399752 0.13402550 -0.00001100
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 0.13392708

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2024 at 0.13417686

short term up The short-term trend has been UP since Jan 19th, 2025 at 0.13406976

Smart Scan Analysis for DKKEUR

Based on our trend formula, DKKEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13403700 0.13405650 0.13399752 0.13402550 -0.00001100
Prev. Close Volume Bid Ask Time
0.13403700 2025-01-20 09:37:53
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