Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Special drawing rights/Danish Krone (FOREX:XDRDKK)
Bull Market Weakness (+75) - XDRDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XDRDKK as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for XDRDKK
The long-term trend has been UP since Oct 10th, 2024 at 9.154400
The intermediate-term trend has been UP since Nov 7th, 2024 at 9.213290
The short-term trend has been UP since Nov 7th, 2024 at 9.179585
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.300661 | 9.300661 | 9.300661 | 9.300661 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.300661 | 2024-11-18 13:11:45 |