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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Danish Krone/Ugandan Shilling (FOREX:DKKUGX)
Strong Downtrend (-100) - DKKUGX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKUGX continues to fall. Traders should use caution and set stops.
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 DOWN since Apr 14th, 2024 at 550.33796
The intermediate-term trend has been DOWN since Oct 1st, 2024 at 552.03832
The short-term trend has been DOWN since Oct 1st, 2024 at 552.35209
Smart Scan Analysis for DKKUGX
Based on our trend formula, DKKUGX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 523.12011 | 523.12011 | 523.12011 | 523.12011 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 520.15570 | 2024-11-12 07:25:08 |