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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

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

Weak Downtrend (-65) - DKKAED is showing signs of a strengthening downtrend. Monitor DKKAED as it may be building momentum to the downside.

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
0.53115423 0.53115423 0.53115423 0.53115423 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DKKAED

long term down The long-term trend has been DOWN since Sep 14th, 2023 at 0.52616036

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 0.52366362

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 0.53768186

Smart Scan Analysis for DKKAED

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

-65
Smart Scan Analysis for DKKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53115423 0.53115423 0.53115423 0.53115423 0.00000000
Prev. Close Volume Bid Ask Time
0.53115423 2023-12-09 14:27:09
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