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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Special drawing rights/Danish Krone (FOREX:XDRDKK)
Bear Market Rally (-75) - XDRDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XDRDKK as it may be in the beginning 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 DOWN since Mar 12th, 2025 at 9.231454
The intermediate-term trend has been UP since Apr 7th, 2025 at 9.150343
The short-term trend has been DOWN since Apr 27th, 2025 at 9.149945
Smart Scan Analysis for XDRDKK
Based on our trend formula, XDRDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.148014 | 9.148014 | 9.148014 | 9.148014 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.148014 | 2025-05-04 11:00:59 |