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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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

Sidelines Mode (+55) - AEDDKK 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 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
1.8649135 1.8669804 1.8605252 1.8629024 -0.0020110
Entry Signal

MarketClub’s Trade Triangles for AEDDKK

long term up The long-term trend has been UP since Mar 19th, 2020 at 1.8853636

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 1.8524357

short term up The short-term trend has been UP since May 22nd, 2020 at 1.8606858

Smart Scan Analysis for AEDDKK

Based on our trend formula, AEDDKK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AEDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8649135 1.8669804 1.8605252 1.8629024 -0.0020110
Prev. Close Volume Bid Ask Time
1.8649135 1.8617388 1.8640659 2020-05-25 14:14:50
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