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Forex Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

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

Bear Market Rally (-75) - DKKAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKAED as it may be in the beginning of a reversal.

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
0.55860640 0.55891571 0.55860640 0.55860640 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DKKAED

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 0.58054889

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2021 at 0.56948550

short term up The short-term trend has been UP since Nov 26th, 2021 at 0.55660743

Smart Scan Analysis for DKKAED

Based on our trend formula, DKKAED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DKKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55860640 0.55891571 0.55860640 0.55860640 0.00000000
Prev. Close Volume Bid Ask Time
0.55860640 2021-12-04 05:18:41
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