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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

Japanese Yen/Danish Krone (FOREX:JPYDKK)

Strong Uptrend (+100) - JPYDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JPYDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.052773 0.053572 0.052735 0.053455 +0.000682
Entry Signal

MarketClub’s Trade Triangles for JPYDKK

long term up The long-term trend has been UP since Jan 2nd, 2023 at 0.053554

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 0.052353

short term up The short-term trend has been UP since Mar 24th, 2023 at 0.052974

Smart Scan Analysis for JPYDKK

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

+100
Smart Scan Analysis for JPYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.052773 0.053572 0.052735 0.053455 +0.000682
Prev. Close Volume Bid Ask Time
0.052773 2023-03-24 08:13:18
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