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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.
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MarketClub’s Trade Triangles for DKKJPY
The long-term trend has been UP since Mar 22nd, 2022 at 17.89815
The intermediate-term trend has been DOWN since Jul 6th, 2022 at 18.53535
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).
| 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 |