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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

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
2.8602550 2.8805263 2.8473600 2.8663740 +0.0061190
Entry Signal

MarketClub’s Trade Triangles for DKKMXN

long term down The long-term trend has been DOWN since Dec 20th, 2024 at 2.8101258

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 2.8202494

short term up The short-term trend has been UP since Feb 21st, 2025 at 2.8671006

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
2.8602550 2.8805263 2.8473600 2.8663740 +0.0061190
Prev. Close Volume Bid Ask Time
2.8638353 2025-02-21 17:03:30
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