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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Danish Krone/Special drawing rights (FOREX:DKKXDR)

Sidelines Mode (-55) - DKKXDR 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 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
0.10931334 0.10931334 0.10931334 0.10931334 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DKKXDR

long term up The long-term trend has been UP since Mar 12th, 2025 at 0.10832529

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2025 at 0.10928552

short term up The short-term trend has been UP since Apr 27th, 2025 at 0.10929028

Smart Scan Analysis for DKKXDR

Based on our trend formula, DKKXDR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DKKXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10931334 0.10931334 0.10931334 0.10931334 0.00000000
Prev. Close Volume Bid Ask Time
0.10931334 2025-05-04 11:00:59
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