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Forex Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
US Dollar/Danish Krone (FOREX:USDDKK)
Strong Uptrend (+100) - USDDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDDKK 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 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 UP since Sep 14th, 2023 at 6.98450
The intermediate-term trend has been UP since Aug 2nd, 2023 at 6.81015
The short-term trend has been UP since Sep 22nd, 2023 at 7.01837
Smart Scan Analysis for USDDKK
Based on our trend formula, USDDKK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.045405 | 7.047525 | 7.040210 | 7.044985 | -0.000420 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.045405 | 2023-09-26 02:06:25 |