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Forex Trend Analysis Report
Prepared for you on Friday, December 13, 2024.
Danish Krone/Euro (FOREX:DKKEUR)
Long-Term Uptrend (+90) - DKKEUR is in a strong uptrend that is likely to continue. While DKKEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Aug 2nd, 2024 at 0.13418101
The intermediate-term trend has been UP since Oct 29th, 2024 at 0.13438241
The short-term trend has been UP since Dec 12th, 2024 at 0.13414086
Smart Scan Analysis for DKKEUR
Based on our trend formula, DKKEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1340800 | 0.1341245 | 0.1340515 | 0.1340869 | +0.0000070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1340800 | 2024-12-13 17:06:31 |