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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.

FOREX_DKKUAH
Open High Low DKKUAH Price Change
4.538724 4.538724 4.538724 4.538724 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKUAH

long term up The long-term trend has been UP since Mar 4th, 2020 at 3.7052292

intermediate term up The intermediate-term trend has been UP since Nov 22nd, 2020 at 4.5032251

short term up 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).

+80
Smart Scan Analysis for DKKUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.538724 4.538724 4.538724 4.538724 0.000000
Prev. Close Volume Bid Ask Time
4.536914 2020-11-23 21:07:07
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