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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
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 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.
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MarketClub’s Trade Triangles for EURDKK
The long-term trend has been UP since Dec 24th, 2024 at 7.47065
The intermediate-term trend has been DOWN since Feb 5th, 2025 at 7.45535
The short-term trend has been DOWN since Feb 17th, 2025 at 7.45747
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 |
|---|---|---|---|---|
| 7.45935 | 7.45935 | 7.45875 | 7.45890 | -0.00045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.45935 | 2025-02-22 02:06:11 |