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.
MarketClub’s Trade Triangles for JPYDKK
The long-term trend has been DOWN since Apr 11th, 2023 at 0.051115
The intermediate-term trend has been DOWN since Oct 11th, 2023 at 0.047037
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).