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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Danish Krone/Ukrainian Hryvnia (FOREX:DKKUAH)

Bull Market Weakness (+75) - DKKUAH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKUAH as it may be in the beginning stages of a reversal.

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.

FOREX_DKKUAH
Open High Low DKKUAH Price Change
5.9727715 5.9727715 5.9727715 5.9727715 0.0000000
Entry Signal

MarketClub’s Trade Triangles for DKKUAH

long term up The long-term trend has been UP since Dec 11th, 2023 at 5.3213532

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 5.8688807

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 6.0527524

Smart Scan Analysis for DKKUAH

Based on our trend formula, DKKUAH is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for DKKUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.9727715 5.9727715 5.9727715 5.9727715 0.0000000
Prev. Close Volume Bid Ask Time
5.9727715 2024-07-26 14:00:16
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