Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Special drawing rights/Danish Krone (FOREX:XDRDKK)

Weak Downtrend (-65) - XDRDKK is showing signs of a strengthening downtrend. Monitor XDRDKK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid XDRDKK?

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.

FOREX_XDRDKK
Open High Low XDRDKK Price Change
9.337151 9.337151 9.337151 9.337151 0.000000
Entry Signal

MarketClub’s Trade Triangles for XDRDKK

long term up The long-term trend has been UP since Oct 10th, 2024 at 9.154400

intermediate term down The intermediate-term trend has been DOWN since Feb 5th, 2025 at 9.385801

short term down The short-term trend has been DOWN since Feb 16th, 2025 at 9.368517

Smart Scan Analysis for XDRDKK

Based on our trend formula, XDRDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for XDRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.337151 9.337151 9.337151 9.337151 0.000000
Prev. Close Volume Bid Ask Time
9.337151 2025-02-22 01:41:06
Get a free daily analysis and signals for Special drawing rights/Danish Krone (XDRDKK) - Request Your Free Report.