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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Euro (FOREX:DKKEUR)
Strong Downtrend (-100) - DKKEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKEUR continues to fall. Traders should use caution 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 Sep 6th, 2023 at 0.13399989
The intermediate-term trend has been DOWN since Jul 26th, 2024 at 0.13381700
The short-term trend has been DOWN since Jul 26th, 2024 at 0.13396000
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13399240 | 0.13414266 | 0.13378650 | 0.13399347 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13399240 | 2024-07-26 17:03:32 |