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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.

FOREX_XDRDKK
Open High Low XDRDKK Price Change
9.355515 9.355515 9.355515 9.355515 0.000000
Entry Signal

MarketClub’s Trade Triangles for XDRDKK

long term up The long-term trend has been UP since Jan 22nd, 2020 at 9.295727

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2020 at 9.295727

short term up 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).

+80
Smart Scan Analysis for XDRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.355515 9.355515 9.355515 9.355515 0.000000
Prev. Close Volume Bid Ask Time
9.423798 9.355515 9.355515 2020-02-10 21:01:16
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