USDDKK NEWS why is Us Dollar / Danish Krone price falling or rising

USDDKK NEWS reasons for why stock price of Us Dollar / Danish Krone is falling or rising

USDDKK Us Dollar is falling or rising technical reasons

Technical analysis forecast for Us Dollar Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Us Dollar USDDKK at this time. Stock is falling and might fall more.

It appears as if Us Dollar USDDKK gave a large move recently.

Stock of Us Dollar (USDDKK) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Us Dollar is bearish for shortterm, and stock might move down till 6.9 or till 6.9. Use a stoploss of 6.95 and if the stock hits stoploss, then it can shoot up till 6.99

USDDKK Us Dollar is falling or rising NEWS fundamental reasons

Rupee rises 9 paise to 83.37 against US dollar during early trade The rupee climbed 9 paise to 83.37 against the US dollar in early trade on Friday, tracking strong sentiment in the domestic equity markets and a weak American currency against major rivals overseas. Forex traders said the outflow of foreign funds and elev - NEWS as on 2024-05-03 business-standard.com

Rupee depreciates 3 paise to 83.48 against US dollar in early trade The rupee depreciated 3 paise to 83.48 against the US dollar in early trade on Tuesday amid a strong American currency against major Asian rivals and an upward movement in the crude oil prices. However, positive sentiment in the domestic equity markets and - NEWS as on 2024-04-30 business-standard.com

Rupee depreciates 5 paise to 83.43 against US dollar in early trade The rupee depreciated 5 paise to 83.43 against the US dollar in early trade on Monday amid a strong American currency overseas and withdrawal of foreign funds from domestic equity markets. However, positive sentiment in the domestic equity markets and retr - NEWS as on 2024-04-29 business-standard.com

Japan's yen hits new 34-year low; US dollar rises after inflation data The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in line with expectations and affirming expectations the Federal Reserve will likely delay cutting interest - NEWS as on 2024-04-26 indiatimes.com

More announcements and NEWS

USDDKK Us Dollar / Danish Krone current price & indicator signals

Moving Averages for Us Dollar / Danish Krone

  • 5Day Average: 6.96
  • 12Day Average: 6.97
  • 20Day Average: 6.97
  • 50Day Average: 6.91
  • 100Day Average: 6.88
  • 150Day Average: 6.91
  • 200Day Average: 6.9

USDDKK Indicators & signals

Indicator MACD (12,26,9)

6.96, 6.94, 0.01
Indicator MACD is in positive zone

Indicator ADX (14)

0, 16.67, 16.67
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of USDDKK Us Dollar / Danish Krone are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 6.92990 6.89950 to 6.95270 -0.3% 0 times
02 Thu May 2024 6.95070 6.95000 to 6.98650 -0.13% 0 times
01 Wed May 2024 6.95990 6.94780 to 7.00310 -0.47% 0 times
30 Tue Apr 2024 6.99290 6.94780 to 6.99360 0.47% 0 times
29 Mon Apr 2024 6.96030 6.94860 to 6.97650 -0.2% 0 times
26 Fri Apr 2024 6.97440 6.93600 to 6.98640 0.32% 0 times
25 Thu Apr 2024 6.95230 6.94460 to 6.98430 -0.26% 0 times
24 Wed Apr 2024 6.97060 6.96300 to 6.98350 -0.02% 0 times
23 Tue Apr 2024 6.97180 6.96440 to 7.01300 -0.43% 0 times
22 Mon Apr 2024 7.00210 6.99220 to 7.02300 0% 0 times
19 Fri Apr 2024 7.00180 6.98910 to 7.03110 -0.12% 0 times
18 Thu Apr 2024 7.01020 6.97940 to 7.01160 0.24% 0 times

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USDDKK NEWS why is Us Dollar / Danish Krone price falling or rising

 

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