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Forex Trend Analysis Report
Prepared for you on Wednesday, April 2, 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 Feb 23rd, 2025 at 7.094590
The short-term trend has been DOWN since Mar 28th, 2025 at 6.888180
Smart Scan Analysis for USDDKK
Based on our trend formula, USDDKK is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.911745 | 6.920800 | 6.903000 | 6.908240 | -0.003505 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.911745 | 2025-04-02 06:20:47 |