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.

FOREX_JPYDKK
Open High Low JPYDKK Price Change
0.046051 0.046051 0.045480 0.045577 -0.000474
Entry Signal

MarketClub’s Trade Triangles for JPYDKK

long term up The long-term trend has been UP since Jul 31st, 2024 at 0.0459700

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2025 at 0.0463325

short term down 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).

+55
Smart Scan Analysis for JPYDKK
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Japanese Yen/Danish Krone (JPYDKK) - Request Your Free Report.