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Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

Danish Krone/Ugandan Shilling (FOREX:DKKUGX)

Sidelines Mode (+50) - DKKUGX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKUGX can gain momentum.

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
543.17245 543.17245 543.17245 543.17245 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKUGX

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 569.42708

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2022 at 541.20984

short term up The short-term trend has been UP since Jan 13th, 2022 at 541.20984

Smart Scan Analysis for DKKUGX

Based on our trend formula, DKKUGX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for DKKUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
543.17245 543.17245 543.17245 543.17245 0.00000
Prev. Close Volume Bid Ask Time
543.17245 2022-01-13 07:15:18
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