Forex Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
Danish Krone/Euro (FOREX:DKKEUR)
Strong Uptrend (+100) - DKKEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for DKKEUR
The long-term trend has been UP since Jun 15th, 2022 at 0.134550
The intermediate-term trend has been UP since Jun 30th, 2022 at 0.134588
The short-term trend has been UP since Jun 30th, 2022 at 0.134517
Smart Scan Analysis for DKKEUR
Based on our trend formula, DKKEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).