Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/United Arab Emirates Dirham (FOREX:DKKAED)
Weak Downtrend (-65) - DKKAED is showing signs of a strengthening downtrend. Monitor DKKAED as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DKKAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DKKAED
The long-term trend has been DOWN since Apr 11th, 2024 at 0.52740492
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.53311779
The short-term trend has been UP since May 2nd, 2024 at 0.52825316
Smart Scan Analysis for DKKAED
Based on our trend formula, DKKAED is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.52921182 | 0.52921182 | 0.52898860 | 0.52898860 | -0.00022300 |
Prev. Close | Volume | Bid | Ask | Time |
0.52921182 | 2024-05-09 01:58:25 |