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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Danish Krone/Euro (FOREX:DKKEUR)
Countertrend Down (-85) - DKKEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for DKKEUR
The long-term trend has been DOWN since Dec 18th, 2024 at 0.13392708
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.13399750
The short-term trend has been UP since Dec 20th, 2024 at 0.13410974
Smart Scan Analysis for DKKEUR
Based on our trend formula, DKKEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13402766 | 0.13406174 | 0.13402766 | 0.13402766 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13402766 | 2024-12-21 08:23:56 |