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.
MarketClub’s Trade Triangles for DKKEUR
The long-term trend has been UP since Apr 23rd, 2020 at 0.13417100
The intermediate-term trend has been UP since Apr 20th, 2020 at 0.13410236
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).