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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

Long-Term Downtrend (-90) - DKKTWD is in a strong downtrend that is likely to continue. While DKKTWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DKKTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKTWD
Open High Low DKKTWD Price Change
4.5423838 4.5634525 4.4949626 4.5533969 +0.0110130
Entry Signal

MarketClub’s Trade Triangles for DKKTWD

long term down The long-term trend has been DOWN since May 4th, 2025 at 4.5192014

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2025 at 4.7594474

short term down The short-term trend has been DOWN since Apr 29th, 2025 at 4.9247624

Smart Scan Analysis for DKKTWD

Based on our trend formula, DKKTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5423838 4.5634525 4.4949626 4.5533969 +0.0110130
Prev. Close Volume Bid Ask Time
4.5423838 2025-05-09 07:20:09
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