Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Danish Krone/Mexican Peso (FOREX:DKKMXN)
Crossroads (-60) - DKKMXN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Mar 4th, 2025 at 2.9241105
The intermediate-term trend has been DOWN since Apr 27th, 2025 at 2.9579850
The short-term trend has been DOWN since May 8th, 2025 at 2.9662400
Smart Scan Analysis for DKKMXN
Based on our trend formula, DKKMXN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9380750 | 2.9444650 | 2.9366350 | 2.9441106 | +0.0060360 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9380750 | 2025-05-09 07:22:17 |