Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
United Arab Emirates Dirham/Danish Krone (FOREX:AEDDKK)
Long-Term Uptrend (+90) - AEDDKK is in a strong uptrend that is likely to continue. While AEDDKK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid AEDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDDKK
The long-term trend has been UP since Mar 5th, 2021 at 1.6948068
The intermediate-term trend has been UP since Mar 4th, 2021 at 1.6907617
The short-term trend has been UP since Feb 26th, 2021 at 1.6699352
Smart Scan Analysis for AEDDKK
Based on our trend formula, AEDDKK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).