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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
Mexican Peso/Danish Krone (FOREX:MXNDKK)
Crossroads (+60) - MXNDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Apr 18th, 2024 at 0.39485867
The intermediate-term trend has been UP since Nov 19th, 2024 at 0.34976274
The short-term trend has been UP since Dec 3rd, 2024 at 0.34913489
Smart Scan Analysis for MXNDKK
Based on our trend formula, MXNDKK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.35147000 | 0.35238276 | 0.35101500 | 0.35125298 | -0.00021700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.35147000 | 2024-12-11 05:41:59 |