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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Danish Krone/US Dollar (FOREX:DKKUSD)

Sidelines Mode (-55) - DKKUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.14080114 0.14080580 0.14007721 0.14026819 -0.00053300
Entry Signal

MarketClub’s Trade Triangles for DKKUSD

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.14429265

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.13642807

short term up The short-term trend has been UP since Feb 20th, 2025 at 0.14072971

Smart Scan Analysis for DKKUSD

Based on our trend formula, DKKUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DKKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14080114 0.14080580 0.14007721 0.14026819 -0.00053300
Prev. Close Volume Bid Ask Time
0.14080114 2025-02-21 17:03:11
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