Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
United Arab Emirates Dirham/Danish Krone (FOREX:AEDDKK)
Bull Market Weakness (+75) - AEDDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AEDDKK as it may be in the beginning stages of a reversal.
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 Feb 7th, 2020 at 1.8514703
The intermediate-term trend has been UP since Jan 20th, 2020 at 1.8350513
The short-term trend has been DOWN since Feb 21st, 2020 at 1.8771261
Smart Scan Analysis for AEDDKK
Based on our trend formula, AEDDKK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).