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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Danish Krone/Japanese Yen (FOREX:DKKJPY)

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

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
18.3525 18.3726 18.3306 18.3454 -0.0071
Entry Signal

MarketClub’s Trade Triangles for DKKJPY

long term up The long-term trend has been UP since Mar 22nd, 2022 at 17.89815

intermediate term down The intermediate-term trend has been DOWN since Jul 6th, 2022 at 18.53535

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 18.42505

Smart Scan Analysis for DKKJPY

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

-70
Smart Scan Analysis for DKKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.3525 18.3726 18.3306 18.3454 -0.0071
Prev. Close Volume Bid Ask Time
18.3525 2022-08-15 02:22:37
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