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Forex Trend Analysis Report

Prepared for you on Saturday, January 29, 2022.

Danish Krone/Japanese Yen (FOREX:DKKJPY)

Countertrend Down (-85) - DKKJPY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid DKKJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKJPY
Open High Low DKKJPY Price Change
17.29325 17.31150 17.24000 17.25860 -0.03465
Entry Signal

MarketClub’s Trade Triangles for DKKJPY

long term down The long-term trend has been DOWN since Nov 26th, 2021 at 17.20215

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2022 at 17.39700

short term up The short-term trend has been UP since Jan 26th, 2022 at 17.35770

Smart Scan Analysis for DKKJPY

Based on our trend formula, DKKJPY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DKKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.29325 17.31150 17.24000 17.25860 -0.03465
Prev. Close Volume Bid Ask Time
17.29325 2022-01-28 17:01:43
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