Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

Danish Krone/Brazilian Real (FOREX:DKKBRL)

Long-Term Uptrend (+90) - DKKBRL is in a strong uptrend that is likely to continue. While DKKBRL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.9120333 0.9290189 0.9097495 0.9193014 +0.0072680
Entry Signal

MarketClub’s Trade Triangles for DKKBRL

long term up The long-term trend has been UP since Jan 22nd, 2021 at 0.8812447

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2021 at 0.8812447

short term up The short-term trend has been UP since Feb 18th, 2021 at 0.8787709

Smart Scan Analysis for DKKBRL

Based on our trend formula, DKKBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DKKBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9120333 0.9290189 0.9097495 0.9193014 +0.0072680
Prev. Close Volume Bid Ask Time
0.9120333 2021-03-02 15:52:37
Get a free daily analysis and signals for Danish Krone/Brazilian Real (DKKBRL) - Request Your Free Report.