Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Special drawing rights/Danish Krone (FOREX:XDRDKK)
Bull Market Weakness (+75) - XDRDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XDRDKK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XDRDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XDRDKK
The long-term trend has been UP since Oct 10th, 2024 at 9.154400
The intermediate-term trend has been UP since Jan 13th, 2025 at 9.445859
The short-term trend has been UP since Feb 2nd, 2025 at 9.393617
Smart Scan Analysis for XDRDKK
Based on our trend formula, XDRDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.407022 | 9.407022 | 9.406833 | 9.406833 | -0.000189 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.422098 | 2025-02-02 14:27:10 |