Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Danish Krone/Special drawing rights (FOREX:DKKXDR)
Long-Term Downtrend (-90) - DKKXDR is in a strong downtrend that is likely to continue. While DKKXDR 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 DKKXDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKXDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DKKXDR
The long-term trend has been DOWN since Oct 10th, 2024 at 0.10923709
The intermediate-term trend has been DOWN since Nov 7th, 2024 at 0.10853886
The short-term trend has been DOWN since Nov 7th, 2024 at 0.10893738
Smart Scan Analysis for DKKXDR
Based on our trend formula, DKKXDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10751924 | 0.10751924 | 0.10751924 | 0.10751924 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10751924 | 2024-11-18 13:11:45 |