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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Japanese Yen/Danish Krone (FOREX:JPYDKK)

Weak Downtrend (-65) - JPYDKK is showing signs of a strengthening downtrend. Monitor JPYDKK as it may be building momentum to the downside.

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
0.045578 0.045628 0.045280 0.045329 -0.000249
Entry Signal

MarketClub’s Trade Triangles for JPYDKK

long term up The long-term trend has been UP since Jul 31st, 2024 at 0.0459700

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 0.0460100

short term down The short-term trend has been DOWN since Dec 26th, 2024 at 0.0453785

Smart Scan Analysis for JPYDKK

Based on our trend formula, JPYDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for JPYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045578 0.045628 0.045280 0.045329 -0.000249
Prev. Close Volume Bid Ask Time
0.045578 2024-12-26 14:03:58
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