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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Danish Krone/Canadian Dollar (FOREX:DKKCAD)
Sidelines Mode (-55) - DKKCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for DKKCAD
The long-term trend has been UP since Mar 6th, 2024 at 0.19823250
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.19663626
The short-term trend has been UP since Apr 24th, 2024 at 0.19651905
Smart Scan Analysis for DKKCAD
Based on our trend formula, DKKCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19635550 | 0.19664400 | 0.19613855 | 0.19626200 | -0.00009300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.19635550 | 2024-04-26 08:51:18 |