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Deutsche eMark (DEM): Does it Score Poorly on Short-Term Trading Metrics Thursday?

Thursday, January 20, 2022 01:18 PM | InvestorsObserver Analysts
Deutsche eMark (DEM): Does it Score Poorly on Short-Term Trading Metrics Thursday?

InvestorsObserver gives Deutsche eMark a strong short-term technical score of 92 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. DEM has currently traded better than 92% of coins based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

Short-Term Technical - 92
InvestorsObserver is giving Deutsche eMark a 92 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Deutsche eMark!

Trading Analysis

Deutsche eMark is $0.001426 (153.94%) above its 30-day low of $0.000926419 while -$0.000144 (-5.78%) below its 30-day high of $0.00249699. In addition, DEM's current price of $0.002352557 is above its 30-day moving average price of $0.001551553, leading to a strong short-term technical score. Overall the recent trading history of Deutsche eMark suggest that investors are bullish on the coin at the moment. Currently, volume and market capitalization data for DEM are unavailable. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Deutsche eMark extra intriguing.

Summary

DEM's recent trading over the past month give it a strong short-term technical score as its recent price movement give traders reason to be more bullish on the coin in the short-term. Click Here to get the full Report on Deutsche eMark (DEM).

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