Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, December 14, 2024.

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.

FOREX_XDRDKK
Open High Low XDRDKK Price Change
9.369284 9.369284 9.369284 9.369284 0.000000
Entry Signal

MarketClub’s Trade Triangles for XDRDKK

long term up The long-term trend has been UP since Oct 10th, 2024 at 9.154400

intermediate term up The intermediate-term trend has been UP since Dec 14th, 2024 at 9.360712

short term up The short-term trend has been UP since Dec 4th, 2024 at 9.288407

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).

+70
Smart Scan Analysis for XDRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.369284 9.369284 9.369284 9.369284 0.000000
Prev. Close Volume Bid Ask Time
9.369284 2024-12-14 12:27:08
Get a free daily analysis and signals for Special drawing rights/Danish Krone (XDRDKK) - Request Your Free Report.