Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Danish Krone/Japanese Yen (FOREX:DKKJPY)
Countertrend Up (+85) - DKKJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for DKKJPY
The long-term trend has been UP since Mar 19th, 2024 at 21.9634
The intermediate-term trend has been UP since Mar 19th, 2024 at 21.9634
The short-term trend has been DOWN since Mar 28th, 2024 at 21.9146
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).
Open | High | Low | Price | Change |
---|---|---|---|---|
21.8553 | 21.8788 | 21.8470 | 21.8700 | +0.0147 |
Prev. Close | Volume | Bid | Ask | Time |
21.8553 | 2024-03-29 05:52:06 |