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Forex Trend Analysis Report

Prepared for you on Friday, November 26, 2021.

Japanese Yen/Danish Krone (FOREX:JPYDKK)

Long-Term Uptrend (+90) - JPYDKK is in a strong uptrend that is likely to continue. While JPYDKK 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 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
0.057761 0.058165 0.057674 0.057956 +0.000195
Entry Signal

MarketClub’s Trade Triangles for JPYDKK

long term up The long-term trend has been UP since Nov 26th, 2021 at 0.058130

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2021 at 0.056847

short term up The short-term trend has been UP since Nov 4th, 2021 at 0.056587

Smart Scan Analysis for JPYDKK

Based on our trend formula, JPYDKK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for JPYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.057761 0.058165 0.057674 0.057956 +0.000195
Prev. Close Volume Bid Ask Time
0.057761 2021-11-26 16:59:57
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