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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

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

Strong Downtrend (-100) - AEDDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_AEDDKK
Open High Low AEDDKK Price Change
1.6691214 1.6691214 1.6666299 1.6674512 -0.0016700
Entry Signal

MarketClub’s Trade Triangles for AEDDKK

long term down The long-term trend has been DOWN since Jul 14th, 2020 at 1.7774098

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 1.7056144

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 1.7061515

Smart Scan Analysis for AEDDKK

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

-100
Smart Scan Analysis for AEDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6691214 1.6691214 1.6666299 1.6674512 -0.0016700
Prev. Close Volume Bid Ask Time
1.6691214 2020-12-04 02:33:25
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