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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Danish Krone/Canadian Dollar (FOREX:DKKCAD)

Bull Market Weakness (+75) - DKKCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
0.20976250 0.21004904 0.20971262 0.20999350 +0.00023100
Entry Signal

MarketClub’s Trade Triangles for DKKCAD

long term down The long-term trend has been DOWN since Nov 2nd, 2020 at 0.20679250

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2020 at 0.20926225

short term up The short-term trend has been UP since Nov 27th, 2020 at 0.20857093

Smart Scan Analysis for DKKCAD

Based on our trend formula, DKKCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DKKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20976250 0.21004904 0.20971262 0.20999350 +0.00023100
Prev. Close Volume Bid Ask Time
0.20976250 2020-12-04 03:01:52
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