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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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 19th, 2024 at 21.9634
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 22.8369
The short-term trend has been DOWN since Jul 11th, 2024 at 23.2850
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
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.37855 | 22.51435 | 22.29980 | 22.36810 | -0.01045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.37855 | 2024-07-26 17:02:14 |
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