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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.

FOREX_DKKEUR
Open High Low DKKEUR Price Change
0.13446500 0.13463400 0.13423650 0.13443804 -0.00002700
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term up The long-term trend has been UP since Jun 15th, 2022 at 0.1345500

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2022 at 0.1345880

short term down 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).

+85
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13446500 0.13463400 0.13423650 0.13443804 -0.00002700
Prev. Close Volume Bid Ask Time
0.13446500 2022-07-01 17:10:55
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