Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
United Arab Emirates Dirham/Danish Krone (FOREX:AEDDKK)
Strong Uptrend (+100) - AEDDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AEDDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Aug 9th, 2021 at 1.7225084
The intermediate-term trend has been UP since Sep 20th, 2021 at 1.7263825
The short-term trend has been UP since Sep 28th, 2021 at 1.7321424
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).