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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Japanese Yen/Danish Krone (FOREX:JPYDKK)

Weak Downtrend (-65) - JPYDKK is showing signs of a strengthening downtrend. Monitor JPYDKK as it may be building momentum to the downside.

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
0.0460575 0.0461210 0.0459620 0.0459900 -0.0000670
Entry Signal

MarketClub’s Trade Triangles for JPYDKK

long term down The long-term trend has been DOWN since Apr 11th, 2023 at 0.051115

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2023 at 0.047037

short term up The short-term trend has been UP since Nov 27th, 2023 at 0.045877

Smart Scan Analysis for JPYDKK

Based on our trend formula, JPYDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for JPYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0460575 0.0461210 0.0459620 0.0459900 -0.0000670
Prev. Close Volume Bid Ask Time
0.0460575 2023-11-29 07:07:09
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