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.
MarketClub’s Trade Triangles for DKKEUR
The long-term trend has been UP since Dec 23rd, 2020 at 0.13454300
The intermediate-term trend has been DOWN since Jan 1st, 2021 at 0.13428677
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).