Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Danish Krone/United Arab Emirates Dirham (FOREX:DKKAED)
Long-Term Downtrend (-90) - DKKAED is in a strong downtrend that is likely to continue. While DKKAED is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DKKAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DKKAED
The long-term trend has been DOWN since Mar 5th, 2021 at 0.59003795
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 0.59169696
The short-term trend has been DOWN since Feb 26th, 2021 at 0.59882583
Smart Scan Analysis for DKKAED
Based on our trend formula, DKKAED is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).