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.
MarketClub’s Trade Triangles for BRLDKK
The long-term trend has been UP since Jan 21st, 2021 at 1.1694187
The intermediate-term trend has been UP since Jan 21st, 2021 at 1.1694187
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).