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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Euro/Danish Krone (FOREX:EURDKK)
Bull Market Weakness (+75) - EURDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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 Nov 10th, 2022 at 7.45007
The intermediate-term trend has been DOWN since Feb 27th, 2023 at 7.43832
The short-term trend has been UP since Mar 13th, 2023 at 7.44788
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.443810 | 7.450135 | 7.443530 | 7.446550 | +0.002740 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.443810 | 2023-03-21 22:39:45 |