Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Ukrainian Hryvnia (FOREX:DKKUAH)
Strong Uptrend (+100) - DKKUAH is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKUAH continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid DKKUAH?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKUAH.
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 DKKUAH
The long-term trend has been UP since Dec 11th, 2023 at 5.3213532
The intermediate-term trend has been UP since Apr 26th, 2024 at 5.6815464
The short-term trend has been UP since May 8th, 2024 at 5.6721490
Smart Scan Analysis for DKKUAH
Based on our trend formula, DKKUAH is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.6776719 | 5.6776719 | 5.6776719 | 5.6776719 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.6967282 | 2024-05-08 21:02:50 |