Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

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
0.13447050 0.13449350 0.13441650 0.13447801 +0.00000800
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term up The long-term trend has been UP since Dec 23rd, 2020 at 0.13454300

intermediate term down The intermediate-term trend has been DOWN since Jan 1st, 2021 at 0.13428677

short term down The short-term trend has been DOWN since Mar 9th, 2021 at 0.13444300

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
0.13447050 0.13449350 0.13441650 0.13447801 +0.00000800
Prev. Close Volume Bid Ask Time
0.13447050 2021-03-09 05:47:23
Get a free daily analysis and signals for Danish Krone/Euro (DKKEUR) - Request Your Free Report.