Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

Brazilian Real/Danish Krone (FOREX:BRLDKK)

Weak Uptrend (+65) - BRLDKK is showing signs of weakening momentum to the upside. Monitor BRLDKK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid BRLDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLDKK
Open High Low BRLDKK Price Change
1.0975794 1.1094557 1.0968181 1.1005273 +0.0029480
Entry Signal

MarketClub’s Trade Triangles for BRLDKK

long term up The long-term trend has been UP since Jan 21st, 2021 at 1.1694187

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2021 at 1.1694187

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 1.1377967

Smart Scan Analysis for BRLDKK

Based on our trend formula, BRLDKK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for BRLDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0975794 1.1094557 1.0968181 1.1005273 +0.0029480
Prev. Close Volume Bid Ask Time
1.0975794 2021-03-04 08:50:01
Get a free daily analysis and signals for Brazilian Real/Danish Krone (BRLDKK) - Request Your Free Report.