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.
MarketClub’s Trade Triangles for DKKMXN
The long-term trend has been DOWN since Dec 17th, 2021 at 3.1398277
The intermediate-term trend has been UP since Jun 14th, 2022 at 2.8734765
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).