Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Danish Krone/Mexican Peso (FOREX:DKKMXN)
Bull Market Weakness (+75) - DKKMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for DKKMXN
The long-term trend has been UP since Apr 18th, 2024 at 2.5324405
The intermediate-term trend has been UP since Apr 16th, 2024 at 2.4142629
The short-term trend has been DOWN since Apr 23rd, 2024 at 2.4315765
Smart Scan Analysis for DKKMXN
Based on our trend formula, DKKMXN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.4313050 | 2.4344850 | 2.4288079 | 2.4307000 | -0.0006050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4313050 | 2024-04-24 04:25:46 |