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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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
0.20097100 0.20137450 0.20078591 0.20099310 +0.00002200
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term up The long-term trend has been UP since Mar 6th, 2024 at 0.19823250

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.20016469

short term up The short-term trend has been UP since Oct 25th, 2024 at 0.20115963

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
0.20097100 0.20137450 0.20078591 0.20099310 +0.00002200
Prev. Close Volume Bid Ask Time
0.20097100 2024-10-25 17:06:35
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