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Forex Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

Danish Krone/Mexican Peso (FOREX:DKKMXN)

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

Is it time to buy, sell, or avoid DKKMXN?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKMXN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKMXN
Open High Low DKKMXN Price Change
2.8369600 2.8376407 2.8138444 2.8182836 -0.0186760
Entry Signal

MarketClub’s Trade Triangles for DKKMXN

long term down The long-term trend has been DOWN since Dec 17th, 2021 at 3.1398277

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2022 at 2.8734765

short term down The short-term trend has been DOWN since Jun 21st, 2022 at 2.8602545

Smart Scan Analysis for DKKMXN

Based on our trend formula, DKKMXN is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8369600 2.8376407 2.8138444 2.8182836 -0.0186760
Prev. Close Volume Bid Ask Time
2.8369600 2022-06-24 17:03:24
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