Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Danish Krone/United Arab Emirates Dirham (FOREX:DKKAED)

Weak Downtrend (-65) - DKKAED is showing signs of a strengthening downtrend. Monitor DKKAED as it may be building momentum to the downside.

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.

FOREX_DKKAED
Open High Low DKKAED Price Change
0.51179287 0.51245485 0.51138823 0.51156665 -0.00022600
Entry Signal

MarketClub’s Trade Triangles for DKKAED

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.53057355

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2024 at 0.53805691

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 0.51655312

Smart Scan Analysis for DKKAED

Based on our trend formula, DKKAED is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51179287 0.51245485 0.51138823 0.51156665 -0.00022600
Prev. Close Volume Bid Ask Time
0.51157145 2024-12-24 21:00:04
Get a free daily analysis and signals for Danish Krone/United Arab Emirates Dirham (DKKAED) - Request Your Free Report.