Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

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
0.13406750 0.13418101 0.13401400 0.13408517 +0.00001800
Entry Signal

MarketClub’s Trade Triangles for DKKEUR

long term down The long-term trend has been DOWN since Sep 6th, 2023 at 0.13399989

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 0.13412250

short term up The short-term trend has been UP since Jun 21st, 2024 at 0.13414162

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
0.13406750 0.13418101 0.13401400 0.13408517 +0.00001800
Prev. Close Volume Bid Ask Time
0.13408517 2024-06-21 21:58:40
Get a free daily analysis and signals for Danish Krone/Euro (DKKEUR) - Request Your Free Report.