Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Danish Krone/Ukrainian Hryvnia (FOREX:DKKUAH)
Long-Term Downtrend (-90) - DKKUAH is in a strong downtrend that is likely to continue. While DKKUAH is showing intraday strength, it remains in the confines of a bearish trend. 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.
MarketClub’s Trade Triangles for DKKUAH
The long-term trend has been DOWN since Mar 5th, 2021 at 4.4717329
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 4.0905380
The short-term trend has been DOWN since Sep 27th, 2021 at 4.1954200
Smart Scan Analysis for DKKUAH
Based on our trend formula, DKKUAH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).