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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

Euro/Danish Krone (FOREX:EURDKK)

Long-Term Uptrend (+90) - EURDKK is in a strong uptrend that is likely to continue. While EURDKK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid EURDKK?

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
7.46125 7.46125 7.46125 7.46125 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURDKK

long term up The long-term trend has been UP since Jun 28th, 2023 at 7.459610

intermediate term up The intermediate-term trend has been UP since Feb 6th, 2024 at 7.461535

short term up The short-term trend has been UP since Apr 11th, 2024 at 7.460550

Smart Scan Analysis for EURDKK

Based on our trend formula, EURDKK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.46125 7.46125 7.46125 7.46125 0.00000
Prev. Close Volume Bid Ask Time
7.46125 2024-04-14 00:00:04
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