Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Danish Krone/Brazilian Real (FOREX:DKKBRL)

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

Is it time to buy, sell, or avoid DKKBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKBRL
Open High Low DKKBRL Price Change
0.8193625 0.8199951 0.8174555 0.8188833 -0.0004790
Entry Signal

MarketClub’s Trade Triangles for DKKBRL

long term up The long-term trend has been UP since Oct 6th, 2023 at 0.7335372

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 0.8150286

short term down The short-term trend has been DOWN since Nov 6th, 2024 at 0.8314501

Smart Scan Analysis for DKKBRL

Based on our trend formula, DKKBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8193625 0.8199951 0.8174555 0.8188833 -0.0004790
Prev. Close Volume Bid Ask Time
0.8193625 2024-11-20 03:28:10
Get a free daily analysis and signals for Danish Krone/Brazilian Real (DKKBRL) - Request Your Free Report.