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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Danish Krone/United Arab Emirates Dirham (FOREX:DKKAED)

Weak Uptrend (+65) - DKKAED is showing signs of weakening momentum to the upside. Monitor DKKAED as it may be in the beginning stages of a reversal.

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.

FOREX_DKKAED
Open High Low DKKAED Price Change
0.53628194 0.53700689 0.53528346 0.53549649 -0.00078500
Entry Signal

MarketClub’s Trade Triangles for DKKAED

long term up The long-term trend has been UP since Dec 22nd, 2023 at 0.54259141

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 0.53567213

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.53709122

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).

+65
Smart Scan Analysis for DKKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53628194 0.53700689 0.53528346 0.53549649 -0.00078500
Prev. Close Volume Bid Ask Time
0.53564436 2024-03-18 22:30:10
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