Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Danish Krone/Mexican Peso (FOREX:DKKMXN)

Weak Uptrend (+65) - DKKMXN is showing signs of weakening momentum to the upside. Monitor DKKMXN as it may be in the beginning stages of a reversal.

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
2.5415450 2.5632300 2.5356637 2.5426850 +0.0011400
Entry Signal

MarketClub’s Trade Triangles for DKKMXN

long term up The long-term trend has been UP since Oct 5th, 2023 at 2.5594459

intermediate term down The intermediate-term trend has been DOWN since Nov 1st, 2023 at 2.5213562

short term up The short-term trend has been UP since Nov 28th, 2023 at 2.5257292

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
2.5415450 2.5632300 2.5356637 2.5426850 +0.0011400
Prev. Close Volume Bid Ask Time
2.5415450 2023-11-30 13:47:57
Get a free daily analysis and signals for Danish Krone/Mexican Peso (DKKMXN) - Request Your Free Report.