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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Danish Krone/Ugandan Shilling (FOREX:DKKUGX)

Countertrend Up (+85) - DKKUGX 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 DKKUGX?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKUGX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKUGX
Open High Low DKKUGX Price Change
552.8964 552.8964 552.8964 552.8964 0.0000
Entry Signal

MarketClub’s Trade Triangles for DKKUGX

long term up The long-term trend has been UP since Dec 14th, 2022 at 525.56935

intermediate term up The intermediate-term trend has been UP since Mar 2nd, 2023 at 531.61672

short term up The short-term trend has been UP since Mar 24th, 2023 at 529.81788

Smart Scan Analysis for DKKUGX

Based on our trend formula, DKKUGX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for DKKUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
552.8964 552.8964 552.8964 552.8964 0.0000
Prev. Close Volume Bid Ask Time
552.8964 2023-03-30 07:27:59
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