Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

Danish Krone/United Arab Emirates Dirham (FOREX:DKKAED)

Strong Uptrend (+100) - DKKAED is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKAED continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_DKKAED
Open High Low DKKAED Price Change
0.59792983 0.59986512 0.59749133 0.59983705 +0.00190700
Entry Signal

MarketClub’s Trade Triangles for DKKAED

long term up The long-term trend has been UP since Jul 14th, 2020 at 0.56261666

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 0.58629917

short term up The short-term trend has been UP since Nov 23rd, 2020 at 0.58611460

Smart Scan Analysis for DKKAED

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

+100
Smart Scan Analysis for DKKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59792983 0.59986512 0.59749133 0.59983705 +0.00190700
Prev. Close Volume Bid Ask Time
0.59792983 2020-12-03 09:42:12
Get a free daily analysis and signals for Danish Krone/United Arab Emirates Dirham (DKKAED) - Request Your Free Report.