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Forex Trend Analysis Report

Prepared for you on Sunday, April 18, 2021.

Japanese Yen/Danish Krone (FOREX:JPYDKK)

Strong Downtrend (-100) - JPYDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_JPYDKK
Open High Low JPYDKK Price Change
0.057144 0.057192 0.056976 0.057044 -0.000100
Entry Signal

MarketClub’s Trade Triangles for JPYDKK

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 0.0616480

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2021 at 0.0584050

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 0.0569805

Smart Scan Analysis for JPYDKK

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

-100
Smart Scan Analysis for JPYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.057144 0.057192 0.056976 0.057044 -0.000100
Prev. Close Volume Bid Ask Time
0.057144 2021-04-16 16:59:47
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