Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
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.
MarketClub’s Trade Triangles for JPYDKK
The long-term trend has been UP since Dec 7th, 2023 at 0.0479340
The intermediate-term trend has been UP since Dec 1st, 2023 at 0.0466075
The short-term trend has been UP since Nov 27th, 2023 at 0.0458770
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).