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Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Danish Krone/Japanese Yen (FOREX:DKKJPY)
Crossroads (+60) - DKKJPY 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 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.
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MarketClub’s Trade Triangles for DKKJPY
The long-term trend has been DOWN since Jul 31st, 2024 at 21.75240
The intermediate-term trend has been UP since Sep 27th, 2024 at 21.85710
The short-term trend has been UP since Oct 2nd, 2024 at 21.58305
Smart Scan Analysis for DKKJPY
Based on our trend formula, DKKJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.78695 | 21.83290 | 21.72735 | 21.77725 | -0.00970 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.78695 | 2024-10-08 07:29:11 |