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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Danish Krone/Ukrainian Hryvnia (FOREX:DKKUAH)

Strong Downtrend (-100) - DKKUAH is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKUAH continues to fall. Traders should use caution and set stops.

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
5.8455805 5.8455805 5.8455805 5.8455805 0.0000000
Entry Signal

MarketClub’s Trade Triangles for DKKUAH

long term down The long-term trend has been DOWN since Nov 7th, 2024 at 5.9846954

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2024 at 5.9887631

short term down The short-term trend has been DOWN since Nov 7th, 2024 at 6.0010446

Smart Scan Analysis for DKKUAH

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

-100
Smart Scan Analysis for DKKUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8455805 5.8455805 5.8455805 5.8455805 0.0000000
Prev. Close Volume Bid Ask Time
5.8455805 2024-11-19 07:25:20
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