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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Danish Krone/Japanese Yen (FOREX:DKKJPY)

Long-Term Uptrend (+90) - DKKJPY is in a strong uptrend that is likely to continue. While DKKJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid DKKJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKJPY
Open High Low DKKJPY Price Change
17.82135 17.82885 17.80615 17.81095 -0.01040
Entry Signal

MarketClub’s Trade Triangles for DKKJPY

long term up The long-term trend has been UP since Oct 15th, 2021 at 17.80985

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 17.54665

short term up The short-term trend has been UP since Oct 8th, 2021 at 17.39565

Smart Scan Analysis for DKKJPY

Based on our trend formula, DKKJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DKKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.82135 17.82885 17.80615 17.81095 -0.01040
Prev. Close Volume Bid Ask Time
17.82135 2021-10-22 01:58:40
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