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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Euro/Danish Krone (FOREX:EURDKK)

Weak Uptrend (+65) - EURDKK is showing signs of weakening momentum to the upside. Monitor EURDKK as it may be in the beginning stages 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
7.460775 7.460950 7.459010 7.459980 -0.000795
Entry Signal

MarketClub’s Trade Triangles for EURDKK

long term up The long-term trend has been UP since Dec 24th, 2024 at 7.47065

intermediate term down The intermediate-term trend has been DOWN since Dec 24th, 2024 at 7.45175

short term up The short-term trend has been UP since Dec 24th, 2024 at 7.46215

Smart Scan Analysis for EURDKK

Based on our trend formula, EURDKK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.460775 7.460950 7.459010 7.459980 -0.000795
Prev. Close Volume Bid Ask Time
7.460775 2024-12-26 09:25:55
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