Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Danish Krone/Ugandan Shilling (FOREX:DKKUGX)
Countertrend Up (+85) - DKKUGX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Dec 14th, 2022 at 525.56935
The intermediate-term trend has been UP since Mar 2nd, 2023 at 531.61672
The short-term trend has been UP since Mar 24th, 2023 at 529.81788
Smart Scan Analysis for DKKUGX
Based on our trend formula, DKKUGX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 552.8964 | 552.8964 | 552.8964 | 552.8964 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 552.8964 | 2023-03-30 07:27:59 |