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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Special drawing rights (FOREX:DKKXDR)
Countertrend Up (+85) - DKKXDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for DKKXDR
The long-term trend has been UP since May 16th, 2024 at 0.11017864
The intermediate-term trend has been UP since Jul 7th, 2024 at 0.10999251
The short-term trend has been DOWN since Jul 21st, 2024 at 0.11021747
Smart Scan Analysis for DKKXDR
Based on our trend formula, DKKXDR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10972319 | 0.10972319 | 0.10972319 | 0.10972319 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10972319 | 2024-07-26 14:00:16 |