Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Danish Krone/Special drawing rights (FOREX:DKKXDR)

Strong Downtrend (-100) - DKKXDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.

FOREX_DKKXDR
Open High Low DKKXDR Price Change
0.11176144 0.11176144 0.11176144 0.11176144 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DKKXDR

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 0.11230841

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2021 at 0.11230841

short term down The short-term trend has been DOWN since Mar 5th, 2021 at 0.11327159

Smart Scan Analysis for DKKXDR

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

-100
Smart Scan Analysis for DKKXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11176144 0.11176144 0.11176144 0.11176144 0.00000000
Prev. Close Volume Bid Ask Time
0.11176144 2021-03-05 07:55:17
Get a free daily analysis and signals for Danish Krone/Special drawing rights (DKKXDR) - Request Your Free Report.