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Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
Danish Krone/US Dollar (FOREX:DKKUSD)
Strong Downtrend (-100) - DKKUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKUSD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for DKKUSD
The long-term trend has been DOWN since Nov 5th, 2024 at 0.14429265
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.14743152
The short-term trend has been DOWN since Dec 30th, 2024 at 0.13927790
Smart Scan Analysis for DKKUSD
Based on our trend formula, DKKUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13904541 | 0.13908050 | 0.13714787 | 0.13739250 | -0.00165300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13904541 | 2025-01-02 11:39:38 |