Tag: USDDKK Analysis

USDDKK ā€“ Bullish market condition

Do you trade the USDDKK?
There are not a lot of traders who trade the Danish krone, at least not many that I know of. It has a very high negative correlation with the EURUSD, and sometimes the LT charts are clearer than the ones in the Euro. Like today, it is trading in a very clear bearish market condition:

Iā€™m currently looking for short opportunities in the Danish krone.

Trade Safe!

Raul Lopez
Forex Training

USDDKK Analysis