Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Euro/Danish Krone (FOREX:EURDKK)

Bear Market Rally (-75) - EURDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURDKK as it may be in the beginning of a reversal.

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
7.439955 7.440695 7.436050 7.438995 -0.000960
Entry Signal

MarketClub’s Trade Triangles for EURDKK

long term down The long-term trend has been DOWN since Jun 27th, 2021 at 7.428590

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2021 at 7.438115

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 7.439595

Smart Scan Analysis for EURDKK

Based on our trend formula, EURDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.439955 7.440695 7.436050 7.438995 -0.000960
Prev. Close Volume Bid Ask Time
7.439955 2021-10-25 15:25:33
Get a free daily analysis and signals for Euro/Danish Krone (EURDKK) - Request Your Free Report.