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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
US Dollar/Danish Krone (FOREX:USDDKK)
Bear Market Rally (-75) - USDDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDDKK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDDKK.
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 USDDKK
The long-term trend has been DOWN since Mar 4th, 2025 at 7.016355
The intermediate-term trend has been DOWN since May 25th, 2025 at 6.556000
The short-term trend has been UP since May 28th, 2025 at 6.598370
Smart Scan Analysis for USDDKK
Based on our trend formula, USDDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.573815 | 6.593080 | 6.562620 | 6.573800 | -0.000015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.573815 | 2025-05-30 19:59:13 |