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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.

FOREX_JPYDKK
Open High Low JPYDKK Price Change
0.0478455 0.0478895 0.0477385 0.0477525 -0.0000930
Entry Signal

MarketClub’s Trade Triangles for JPYDKK

long term up The long-term trend has been UP since Dec 7th, 2023 at 0.0479340

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2023 at 0.0466075

short term up 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).

+90
Smart Scan Analysis for JPYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0478455 0.0478895 0.0477385 0.0477525 -0.0000930
Prev. Close Volume Bid Ask Time
0.0478455 2023-12-10 17:24:48
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