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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Danish Krone/Ugandan Shilling (FOREX:DKKUGX)
Sidelines Mode (+55) - DKKUGX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for DKKUGX
The long-term trend has been UP since Mar 5th, 2025 at 520.67934
The intermediate-term trend has been UP since Feb 25th, 2025 at 517.07785
The short-term trend has been DOWN since Apr 27th, 2025 at 558.76060
Smart Scan Analysis for DKKUGX
Based on our trend formula, DKKUGX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 556.21437 | 556.21437 | 556.21437 | 556.21437 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 556.01007 | 2025-05-03 16:46:28 |