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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Danish Krone/Euro (FOREX:DKKEUR)

Weak Downtrend (-65) - DKKEUR is showing signs of a strengthening downtrend. Monitor DKKEUR as it may be building momentum to the downside.

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
0.13405625 0.13407150 0.13399550 0.13402221 -0.00003400
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term up The long-term trend has been UP since Aug 2nd, 2024 at 0.13418101

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2024 at 0.13393598

short term down The short-term trend has been DOWN since Oct 18th, 2024 at 0.13399350

Smart Scan Analysis for DKKEUR

Based on our trend formula, DKKEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13405625 0.13407150 0.13399550 0.13402221 -0.00003400
Prev. Close Volume Bid Ask Time
0.13405625 2024-10-25 17:06:35
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