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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Euro/Danish Krone (FOREX:EURDKK)

Weak Downtrend (-65) - EURDKK is showing signs of a strengthening downtrend. Monitor EURDKK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURDKK
Open High Low EURDKK Price Change
7.47081 7.47175 7.46970 7.47025 -0.00056
Entry Signal

MarketClub’s Trade Triangles for EURDKK

long term up The long-term trend has been UP since Jan 1st, 2020 at 7.555280

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2020 at 7.470150

short term down The short-term trend has been DOWN since Feb 13th, 2020 at 7.470785

Smart Scan Analysis for EURDKK

Based on our trend formula, EURDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.47081 7.47175 7.46970 7.47025 -0.00056
Prev. Close Volume Bid Ask Time
7.47081 7.46888 7.47162 2020-02-17 16:21:13
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