Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Danish Krone/Japanese Yen (FOREX:DKKJPY)
Long-Term Downtrend (-90) - DKKJPY is in a strong downtrend that is likely to continue. While DKKJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Jan 12th, 2025 at 21.57070
The short-term trend has been DOWN since Feb 17th, 2025 at 21.32105
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.16545 | 21.20595 | 20.89135 | 20.93930 | -0.22615 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.16545 | 2025-02-21 17:03:11 |