Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Danish Krone/Euro (FOREX:DKKEUR)

Sidelines Mode (-50) - DKKEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKEUR can gain momentum.

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
0.13398612 0.13400066 0.13391000 0.13393800 -0.00004800
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term up The long-term trend has been UP since Dec 12th, 2019 at 0.13414000

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 0.13373901

short term down The short-term trend has been DOWN since Apr 8th, 2020 at 0.13385700

Smart Scan Analysis for DKKEUR

Based on our trend formula, DKKEUR is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13398612 0.13400066 0.13391000 0.13393800 -0.00004800
Prev. Close Volume Bid Ask Time
0.13398612 0.13392500 0.13395100 2020-04-09 07:07:10
Get a free daily analysis and signals for Danish Krone/Euro (DKKEUR) - Request Your Free Report.