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.
MarketClub’s Trade Triangles for DKKAED
The long-term trend has been UP since Jul 14th, 2020 at 0.56261666
The intermediate-term trend has been UP since Nov 9th, 2020 at 0.58629917
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).