Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Ugandan Shilling (FOREX:DKKUGX)
Bull Market Weakness (+75) - DKKUGX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKUGX as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
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 UP since Jul 14th, 2024 at 538.68425
The short-term trend has been UP since Jul 24th, 2024 at 539.29994
Smart Scan Analysis for DKKUGX
Based on our trend formula, DKKUGX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 542.57993 | 542.58320 | 542.57993 | 542.58320 | +0.00327 |
| Prev. Close | Volume | Bid | Ask | Time |
| 542.57993 | 2024-07-26 14:00:13 |