Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Danish Krone/Euro (FOREX:DKKEUR)

Long-Term Downtrend (-90) - DKKEUR is in a strong downtrend that is likely to continue. While DKKEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.13439858 0.13441300 0.13436200 0.13439950 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 0.1343310

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 0.1344030

short term down The short-term trend has been DOWN since Oct 11th, 2021 at 0.1343545

Smart Scan Analysis for DKKEUR

Based on our trend formula, DKKEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13439858 0.13441300 0.13436200 0.13439950 +0.00000100
Prev. Close Volume Bid Ask Time
0.13439858 2021-10-21 07:20:33
Get a free daily analysis and signals for Danish Krone/Euro (DKKEUR) - Request Your Free Report.