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Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Brazilian Real/Danish Krone (FOREX:BRLDKK)
Crossroads (-60) - BRLDKK 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 BRLDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLDKK.
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 BRLDKK
The long-term trend has been UP since Mar 8th, 2023 at 1.3795023
The intermediate-term trend has been DOWN since Mar 12th, 2023 at 1.3316207
The short-term trend has been DOWN since Mar 17th, 2023 at 1.3172186
Smart Scan Analysis for BRLDKK
Based on our trend formula, BRLDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3182048 | 1.3203292 | 1.3081831 | 1.3104960 | -0.0077090 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3182048 | 2023-03-22 15:12:35 |