Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
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.
MarketClub’s Trade Triangles for DKKEUR
The long-term trend has been UP since Jun 15th, 2022 at 0.1345500
The intermediate-term trend has been UP since Jun 30th, 2022 at 0.1345880
The short-term trend has been DOWN since Jul 1st, 2022 at 0.1342715
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).