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Forex Trend Analysis Report

Prepared for you on Wednesday, August 4, 2021.

Danish Krone/Ugandan Shilling (FOREX:DKKUGX)

Crossroads (-60) - DKKUGX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
567.52358 567.52358 567.52358 567.52358 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 Aug 2nd, 2021 at 563.68024

short term up The short-term trend has been UP since Aug 2nd, 2021 at 563.68024

Smart Scan Analysis for DKKUGX

Based on our trend formula, DKKUGX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DKKUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
567.52358 567.52358 567.52358 567.52358 0.00000
Prev. Close Volume Bid Ask Time
565.80597 2021-08-02 07:24:30
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