Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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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 Nov 17th, 2024 at 0.0459515
The short-term trend has been DOWN since Nov 20th, 2024 at 0.0454010
Smart Scan Analysis for JPYDKK
Based on our trend formula, JPYDKK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.045430 | 0.045441 | 0.045275 | 0.045311 | -0.000119 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.045430 | 2024-11-20 03:25:35 |