Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Danish Krone/ (FOREX:DKKXDR)
Bull Market Weakness (+75) - DKKXDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKXDR as it may be in the beginning stages of a reversal.
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 UP since Mar 24th, 2020 at 0.10764891
The intermediate-term trend has been UP since Mar 24th, 2020 at 0.10690972
The short-term trend has been UP since Mar 24th, 2020 at 0.10714431
Smart Scan Analysis for DKKXDR
Based on our trend formula, DKKXDR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).