Free Daily Analysis

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.

FOREX_DKKEUR
Open High Low DKKEUR Price Change
0.13425500 0.13428352 0.13420150 0.13420567 -0.00004900
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 0.13408081

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 0.13408081

short term up 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).

-85
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13425500 0.13428352 0.13420150 0.13420567 -0.00004900
Prev. Close Volume Bid Ask Time
0.13425500 2023-03-31 17:30:12
Get a free daily analysis and signals for Danish Krone/Euro (DKKEUR) - Request Your Free Report.