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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Euro/Danish Krone (FOREX:EURDKK)

Strong Uptrend (+100) - EURDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_EURDKK
Open High Low EURDKK Price Change
7.45678 7.45778 7.45639 7.45732 +0.00054
Entry Signal

MarketClub’s Trade Triangles for EURDKK

long term up The long-term trend has been UP since Jun 28th, 2023 at 7.459610

intermediate term up The intermediate-term trend has been UP since Feb 6th, 2024 at 7.461535

short term up The short-term trend has been UP since Mar 7th, 2024 at 7.457665

Smart Scan Analysis for EURDKK

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

+100
Smart Scan Analysis for EURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.45678 7.45778 7.45639 7.45732 +0.00054
Prev. Close Volume Bid Ask Time
7.45678 2024-03-19 07:50:01
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