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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Danish Krone/Canadian Dollar (FOREX:DKKCAD)

Bull Market Weakness (+75) - DKKCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKCAD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid DKKCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKCAD
Open High Low DKKCAD Price Change
0.19754200 0.19776050 0.19728315 0.19736460 -0.00017700
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term up The long-term trend has been UP since Mar 6th, 2024 at 0.19823250

intermediate term up The intermediate-term trend has been UP since Feb 20th, 2024 at 0.19591144

short term up The short-term trend has been UP since Mar 18th, 2024 at 0.19787562

Smart Scan Analysis for DKKCAD

Based on our trend formula, DKKCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19754200 0.19776050 0.19728315 0.19736460 -0.00017700
Prev. Close Volume Bid Ask Time
0.19754200 2024-03-19 07:03:19
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