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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Mexican Peso/Danish Krone (FOREX:MXNDKK)
Countertrend Up (+85) - MXNDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MXNDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNDKK.
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 MXNDKK
The long-term trend has been UP since Dec 20th, 2024 at 0.35585710
The intermediate-term trend has been UP since Feb 3rd, 2025 at 0.35457858
The short-term trend has been UP since Feb 17th, 2025 at 0.35057500
Smart Scan Analysis for MXNDKK
Based on our trend formula, MXNDKK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.34962360 | 0.35123500 | 0.34885292 | 0.34887302 | -0.00075100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.34918212 | 2025-02-21 17:03:30 |