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Forex Trend Analysis Report
Prepared for you on Wednesday, January 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.
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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 UP since Jan 15th, 2025 at 0.13817499
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1396455 | 0.1401530 | 0.1393665 | 0.1395595 | -0.0000860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1396455 | 2025-01-22 23:34:17 |