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Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Japanese Yen/Danish Krone (FOREX:JPYDKK)
Strong Uptrend (+100) - JPYDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JPYDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid JPYDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYDKK.
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 JPYDKK
The long-term trend has been UP since Jan 2nd, 2023 at 0.053554
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.052353
The short-term trend has been UP since Mar 24th, 2023 at 0.052974
Smart Scan Analysis for JPYDKK
Based on our trend formula, JPYDKK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.052773 | 0.053572 | 0.052735 | 0.053455 | +0.000682 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.052773 | 2023-03-24 08:13:18 |