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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Danish Krone/US Dollar (FOREX:DKKUSD)

Bull Market Weakness (+75) - DKKUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKUSD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_DKKUSD
Open High Low DKKUSD Price Change
0.14760366 0.14763350 0.14711700 0.14730100 -0.00030300
Entry Signal

MarketClub’s Trade Triangles for DKKUSD

long term down The long-term trend has been DOWN since Sep 14th, 2023 at 0.14317417

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 0.14268850

short term up The short-term trend has been UP since Nov 26th, 2023 at 0.14687739

Smart Scan Analysis for DKKUSD

Based on our trend formula, DKKUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DKKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14760366 0.14763350 0.14711700 0.14730100 -0.00030300
Prev. Close Volume Bid Ask Time
0.14760366 2023-11-29 08:00:53
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