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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.

FOREX_AEDDKK
Open High Low AEDDKK Price Change
1.7074719 1.7077278 1.7005963 1.7007061 -0.0067660
Entry Signal

MarketClub’s Trade Triangles for AEDDKK

long term up The long-term trend has been UP since Mar 5th, 2021 at 1.6948068

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2021 at 1.6907617

short term up 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).

+90
Smart Scan Analysis for AEDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7074719 1.7077278 1.7005963 1.7007061 -0.0067660
Prev. Close Volume Bid Ask Time
1.7074719 2021-03-09 05:45:09
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