Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Danish Krone/Ukrainian Hryvnia (FOREX:DKKUAH)
Sidelines Mode (+50) - DKKUAH is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKUAH can gain momentum.
Is it time to buy, sell, or avoid DKKUAH?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKUAH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DKKUAH
The long-term trend has been DOWN since Sep 7th, 2023 at 5.3012034
The intermediate-term trend has been UP since Oct 24th, 2023 at 5.1872224
The short-term trend has been UP since Nov 6th, 2023 at 5.1617363
Smart Scan Analysis for DKKUAH
Based on our trend formula, DKKUAH is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).