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Forex Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

Danish Krone/Special drawing rights (FOREX:DKKXDR)

Bull Market Weakness (+75) - DKKXDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKXDR as it may be in the beginning stages of a reversal.

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

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

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

FOREX_DKKXDR
Open High Low DKKXDR Price Change
0.11383579 0.11383579 0.11383579 0.11383579 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DKKXDR

long term up The long-term trend has been UP since May 19th, 2020 at 0.10811361

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 0.11355186

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.11330569

Smart Scan Analysis for DKKXDR

Based on our trend formula, DKKXDR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DKKXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11383579 0.11383579 0.11383579 0.11383579 0.00000000
Prev. Close Volume Bid Ask Time
0.11260242 2021-02-25 07:31:44
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