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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Japanese Yen/Danish Krone (FOREX:JPYDKK)

Crossroads (-60) - JPYDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_JPYDKK
Open High Low JPYDKK Price Change
0.062734 0.062764 0.062277 0.062554 -0.000180
Entry Signal

MarketClub’s Trade Triangles for JPYDKK

long term up The long-term trend has been UP since Feb 13th, 2020 at 0.06265

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2020 at 0.06179

short term down The short-term trend has been DOWN since Mar 20th, 2020 at 0.06262

Smart Scan Analysis for JPYDKK

Based on our trend formula, JPYDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for JPYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.062734 0.062764 0.062277 0.062554 -0.000180
Prev. Close Volume Bid Ask Time
0.062734 0.062354 0.062754 2020-03-30 06:14:43
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