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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Danish Krone/Canadian Dollar (FOREX:DKKCAD)

Weak Uptrend (+65) - DKKCAD is showing signs of weakening momentum to the upside. Monitor DKKCAD as it may be in the beginning stages of a reversal.

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
0.20437000 0.20472240 0.20401897 0.20436054 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term up The long-term trend has been UP since Feb 27th, 2020 at 0.19766148

intermediate term up The intermediate-term trend has been UP since May 1st, 2020 at 0.20726500

short term down The short-term trend has been DOWN since May 25th, 2020 at 0.20434961

Smart Scan Analysis for DKKCAD

Based on our trend formula, DKKCAD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20437000 0.20472240 0.20401897 0.20436054 -0.00000900
Prev. Close Volume Bid Ask Time
0.20437000 0.20435095 0.20437013 2020-05-25 14:35:32
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