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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Danish Krone/Japanese Yen (FOREX:DKKJPY)
Strong Downtrend (-100) - DKKJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKJPY continues to fall. Traders should use caution 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.
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MarketClub’s Trade Triangles for DKKJPY
The long-term trend has been DOWN since Jul 31st, 2024 at 21.7524
The intermediate-term trend has been DOWN since Jan 12th, 2025 at 21.5707
The short-term trend has been DOWN since Jan 27th, 2025 at 21.7015
Smart Scan Analysis for DKKJPY
Based on our trend formula, DKKJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.33475 | 21.36040 | 21.33155 | 21.33905 | +0.00430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.33475 | 2025-02-05 01:08:55 |