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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 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.

FOREX_DKKCAD
Open High Low DKKCAD Price Change
0.20173550 0.20213428 0.20165947 0.20177926 +0.00004400
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term down The long-term trend has been DOWN since Jan 20th, 2021 at 0.20567601

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2021 at 0.20822238

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 0.20470890

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).

-100
Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20173550 0.20213428 0.20165947 0.20177926 +0.00004400
Prev. Close Volume Bid Ask Time
0.20173550 2021-03-09 06:09:00
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