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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.

FOREX_DKKUAH
Open High Low DKKUAH Price Change
5.3053544 5.3053544 5.3052299 5.3052299 -0.0001250
Entry Signal

MarketClub’s Trade Triangles for DKKUAH

long term down The long-term trend has been DOWN since Sep 7th, 2023 at 5.3012034

intermediate term up The intermediate-term trend has been UP since Oct 24th, 2023 at 5.1872224

short term up 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).

+50
Smart Scan Analysis for DKKUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.3053544 5.3053544 5.3052299 5.3052299 -0.0001250
Prev. Close Volume Bid Ask Time
5.3123587 2023-12-06 17:15:15
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