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InvestingScope

DKKJPY: Sell opportunity on 1W.

Short
DANISH KRONE / JAPANESE YEN (FX_IDC:DKKJPY)  
InvestingScope  
FX_IDC:DKKJPY   DANISH KRONE / JAPANESE YEN
Trend Analysis Chart Patterns Technical Indicators DKKJPY dkk jpy danishkrone japaneseyen Forex Currencies currency
5
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trendanalysis chartpattern indicator dkkjpy dkk jpy danishkrone japaneseyen forex currencies currency
The pair is on a long term 1M Channel Down (RSI = 46.346, MACD = -0.067, Highs/Lows = -0.0252), which is trading on its inner resisting trend line. This 1W Resistance is waving a short flag (RSI = 47.484, MACD = -0.125, Highs/Lows = 0.0000) here and we are taking this long term short with TP = 16.420.




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