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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Mexican Peso/Danish Krone (FOREX:MXNDKK)

Strong Uptrend (+100) - MXNDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNDKK 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 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.

FOREX_MXNDKK
Open High Low MXNDKK Price Change
0.42325077 0.42511500 0.41906899 0.42127753 -0.00197300
Entry Signal

MarketClub’s Trade Triangles for MXNDKK

long term up The long-term trend has been UP since Dec 1st, 2023 at 0.41075026

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 0.40654000

short term up The short-term trend has been UP since Apr 5th, 2024 at 0.41951775

Smart Scan Analysis for MXNDKK

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

+100
Smart Scan Analysis for MXNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42325077 0.42511500 0.41906899 0.42127753 -0.00197300
Prev. Close Volume Bid Ask Time
0.42325077 2024-04-12 17:05:35
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