| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
Since August, the EUR/DKK exchange rate has been trading upwards within an ascending channel.
From a theoretical point of view, it is likely that the currency pair could continue to appreciate within the predetermined channel in the medium term.
In the meantime, note that the exchange rate is pressured by the 55-, 100– and 200-period moving averages in the 7.4430/7.4460 range. Thus, a breakout south could occur.