Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
/Danish Krone (FOREX:XDRDKK)
Countertrend Up (+85) - XDRDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XDRDKK
The long-term trend has been UP since Jan 22nd, 2020 at 9.295727
The intermediate-term trend has been UP since Jan 22nd, 2020 at 9.295727
The short-term trend has been UP since Feb 5th, 2020 at 9.315489
Smart Scan Analysis for XDRDKK
Based on our trend formula, XDRDKK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).