Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Danish Krone/Euro (FOREX:DKKEUR)
Countertrend Down (-85) - DKKEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for DKKEUR
The long-term trend has been DOWN since Mar 10th, 2023 at 0.13408081
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 0.13408081
The short-term trend has been UP since Mar 28th, 2023 at 0.13424278
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).