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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Euro/Danish Krone (FOREX:EURDKK)
Sidelines Mode (+55) - EURDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for EURDKK
The long-term trend has been UP since Dec 24th, 2024 at 7.470650
The intermediate-term trend has been UP since Jan 26th, 2025 at 7.466850
The short-term trend has been DOWN since Feb 3rd, 2025 at 7.457425
Smart Scan Analysis for EURDKK
Based on our trend formula, EURDKK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.460755 | 7.464050 | 7.456765 | 7.459350 | -0.001405 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.460755 | 2025-02-04 23:49:56 |