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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Danish Krone/Canadian Dollar (FOREX:DKKCAD)

Sidelines Mode (+55) - DKKCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.19743450 0.19747150 0.19696779 0.19726434 -0.00017000
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term up The long-term trend has been UP since Oct 18th, 2022 at 0.18245446

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2023 at 0.19459677

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 0.19818671

Smart Scan Analysis for DKKCAD

Based on our trend formula, DKKCAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19743450 0.19747150 0.19696779 0.19726434 -0.00017000
Prev. Close Volume Bid Ask Time
0.19743450 2023-03-30 04:10:40
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