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.
MarketClub’s Trade Triangles for JPYDKK
The long-term trend has been DOWN since Jun 2nd, 2020 at 0.0616480
The intermediate-term trend has been DOWN since Feb 14th, 2021 at 0.0584050
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).