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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Danish Krone/Special drawing rights (FOREX:DKKXDR)
Bear Market Rally (-75) - DKKXDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKXDR as it may be in the beginning 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.
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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 Jan 13th, 2025 at 0.10586650
The short-term trend has been UP since Jan 19th, 2025 at 0.10631361
Smart Scan Analysis for DKKXDR
Based on our trend formula, DKKXDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10645527 | 0.10645527 | 0.10645527 | 0.10645527 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10663500 | 2025-01-19 11:30:04 |