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Forex Trend Analysis Report
Prepared for you on Saturday, April 27, 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.
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MarketClub’s Trade Triangles for EURDKK
The long-term trend has been UP since Jun 28th, 2023 at 7.459610
The intermediate-term trend has been UP since Feb 6th, 2024 at 7.461535
The short-term trend has been DOWN since Apr 24th, 2024 at 7.455915
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.457650 | 7.458495 | 7.455180 | 7.457750 | +0.000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.457750 | 2024-04-26 21:15:09 |