Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2025.
Japanese Yen/Danish Krone (FOREX:JPYDKK)
Sidelines Mode (+55) - JPYDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for JPYDKK
The long-term trend has been UP since Jul 31st, 2024 at 0.0459700
The intermediate-term trend has been UP since Jan 12th, 2025 at 0.0463325
The short-term trend has been DOWN since Jan 20th, 2025 at 0.0463490
Smart Scan Analysis for JPYDKK
Based on our trend formula, JPYDKK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.046051 | 0.046051 | 0.045480 | 0.045577 | -0.000474 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.046051 | 2025-01-24 17:07:06 |