Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Danish Krone/Ukrainian Hryvnia (FOREX:DKKUAH)
Countertrend Up (+85) - DKKUAH is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Mar 4th, 2020 at 3.7052292
The intermediate-term trend has been UP since Nov 22nd, 2020 at 4.5032251
The short-term trend has been UP since Nov 17th, 2020 at 4.4743440
Smart Scan Analysis for DKKUAH
Based on our trend formula, DKKUAH is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).