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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Danish Krone/United Arab Emirates Dirham (FOREX:DKKAED)
Crossroads (-60) - DKKAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for DKKAED
The long-term trend has been DOWN since Nov 5th, 2024 at 0.53057355
The intermediate-term trend has been UP since Nov 5th, 2024 at 0.53805691
The short-term trend has been UP since Nov 19th, 2024 at 0.52193885
Smart Scan Analysis for DKKAED
Based on our trend formula, DKKAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.52132857 | 0.52231943 | 0.51996488 | 0.52170439 | +0.00037600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.52130319 | 2024-11-19 22:33:34 |