Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Danish Krone/Canadian Dollar (FOREX:DKKCAD)
Strong Downtrend (-100) - DKKCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DKKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DKKCAD
The long-term trend has been DOWN since Oct 4th, 2021 at 0.19652374
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.19942450
The short-term trend has been DOWN since Oct 22nd, 2021 at 0.19264656
Smart Scan Analysis for DKKCAD
Based on our trend formula, DKKCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).