Forex Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
Danish Krone/United Arab Emirates Dirham (FOREX:DKKAED)
Strong Downtrend (-100) - DKKAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKAED continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for DKKAED
The long-term trend has been DOWN since Aug 9th, 2021 at 0.58054889
The intermediate-term trend has been DOWN since Jan 25th, 2022 at 0.55686529
The short-term trend has been DOWN since Jan 18th, 2022 at 0.56231494
Smart Scan Analysis for DKKAED
Based on our trend formula, DKKAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).