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Forex Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

Danish Krone/US Dollar (FOREX:DKKUSD)

Countertrend Up (+85) - DKKUSD 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 DKKUSD?

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

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

FOREX_DKKUSD
Open High Low DKKUSD Price Change
0.13969602 0.13976592 0.13921450 0.13967378 -0.00002200
Entry Signal

MarketClub’s Trade Triangles for DKKUSD

long term up The long-term trend has been UP since Nov 13th, 2022 at 0.13933405

intermediate term up The intermediate-term trend has been UP since Oct 26th, 2022 at 0.13443824

short term down The short-term trend has been DOWN since Nov 28th, 2022 at 0.13905962

Smart Scan Analysis for DKKUSD

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

+85
Smart Scan Analysis for DKKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13969602 0.13976592 0.13921450 0.13967378 -0.00002200
Prev. Close Volume Bid Ask Time
0.13969602 2022-11-29 05:55:32
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