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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.
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MarketClub’s Trade Triangles for EURDKK
The long-term trend has been UP since Jan 1st, 2020 at 7.555280
The intermediate-term trend has been DOWN since Feb 14th, 2020 at 7.470150
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).
| 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 |