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Forex Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
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.
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MarketClub’s Trade Triangles for DKKXDR
The long-term trend has been UP since Oct 26th, 2022 at 0.10516044
The intermediate-term trend has been DOWN since May 11th, 2023 at 0.10879557
The short-term trend has been UP since May 30th, 2023 at 0.10802807
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10855658 | 0.10855658 | 0.10855658 | 0.10855658 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10855658 | 2023-06-03 08:26:58 |