Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Danish Krone/United Arab Emirates Dirham (FOREX:DKKAED)
Bear Market Rally (-75) - DKKAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKAED as it may be in the beginning of a reversal.
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 Nov 5th, 2024 at 0.53805691
The short-term trend has been DOWN since Nov 20th, 2024 at 0.51833227
Smart Scan Analysis for DKKAED
Based on our trend formula, DKKAED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.51534083 | 0.51660314 | 0.51066135 | 0.51293706 | -0.00240400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.51534083 | 2024-11-22 10:53:50 |