Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, June 20, 2021.

Danish Krone/Japanese Yen (FOREX:DKKJPY)

Crossroads (-60) - DKKJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
17.66405 17.66685 17.56615 17.58595 -0.07810
Entry Signal

MarketClub’s Trade Triangles for DKKJPY

long term up The long-term trend has been UP since Jun 2nd, 2020 at 16.2225

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2021 at 17.8192

short term down The short-term trend has been DOWN since Jun 16th, 2021 at 17.8379

Smart Scan Analysis for DKKJPY

Based on our trend formula, DKKJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DKKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.66405 17.66685 17.56615 17.58595 -0.07810
Prev. Close Volume Bid Ask Time
17.66405 2021-06-18 17:08:56
Get a free daily analysis and signals for Danish Krone/Japanese Yen (DKKJPY) - Request Your Free Report.