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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Danish Krone/Euro (FOREX:DKKEUR)

Bull Market Weakness (+75) - DKKEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKEUR as it may be in the beginning stages of a reversal.

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

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKEUR
Open High Low DKKEUR Price Change
0.134143 0.134211 0.134080 0.134080 -0.000063
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term up The long-term trend has been UP since Apr 23rd, 2020 at 0.13417100

intermediate term up The intermediate-term trend has been UP since Apr 20th, 2020 at 0.13410236

short term up The short-term trend has been UP since May 27th, 2020 at 0.13416786

Smart Scan Analysis for DKKEUR

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

+70
Smart Scan Analysis for DKKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.134143 0.134211 0.134080 0.134080 -0.000063
Prev. Close Volume Bid Ask Time
0.134143 0.133965 0.134195 2020-05-29 17:08:55
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