Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Japanese Yen/Danish Krone (FOREX:JPYDKK)

Bull Market Weakness (+75) - JPYDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYDKK as it may be in the beginning stages of a reversal.

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
0.0446865 0.0448450 0.0444190 0.0447060 +0.0000200
Entry Signal

MarketClub’s Trade Triangles for JPYDKK

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.045530

intermediate term up The intermediate-term trend has been UP since Jul 17th, 2024 at 0.043802

short term up The short-term trend has been UP since Jul 12th, 2024 at 0.043498

Smart Scan Analysis for JPYDKK

Based on our trend formula, JPYDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for JPYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0446865 0.0448450 0.0444190 0.0447060 +0.0000200
Prev. Close Volume Bid Ask Time
0.0446865 2024-07-26 17:02:14
Get a free daily analysis and signals for Japanese Yen/Danish Krone (JPYDKK) - Request Your Free Report.