Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Danish Krone/United Arab Emirates Dirham (FOREX:DKKAED)
Sidelines Mode (-55) - DKKAED 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 DKKAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKAED.
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 DKKAED
The long-term trend has been DOWN since Nov 5th, 2024 at 0.53057355
The intermediate-term trend has been UP since Jan 24th, 2025 at 0.51457144
The short-term trend has been DOWN since Jan 28th, 2025 at 0.51367408
Smart Scan Analysis for DKKAED
Based on our trend formula, DKKAED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.50645212 | 0.51120734 | 0.50645212 | 0.51120734 | +0.00475500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.51097082 | 2025-02-04 22:56:49 |