Forex Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
Euro/Danish Krone (FOREX:EURDKK)
Long-Term Uptrend (+90) - EURDKK is in a strong uptrend that is likely to continue. While EURDKK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for EURDKK
The long-term trend has been UP since Nov 10th, 2022 at 7.45007
The intermediate-term trend has been UP since Mar 24th, 2023 at 7.45226
The short-term trend has been UP since Mar 13th, 2023 at 7.44788
Smart Scan Analysis for EURDKK
Based on our trend formula, EURDKK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).