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.
MarketClub’s Trade Triangles for DKKCAD
The long-term trend has been UP since Feb 27th, 2020 at 0.19766148
The intermediate-term trend has been UP since May 1st, 2020 at 0.20726500
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).