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Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
Danish Krone/Brazilian Real (FOREX:DKKBRL)
Sidelines Mode (-50) - DKKBRL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKBRL can gain momentum.
Is it time to buy, sell, or avoid DKKBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKBRL.
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 DKKBRL
The long-term trend has been UP since Oct 8th, 2021 at 0.8591218
The intermediate-term trend has been DOWN since Nov 10th, 2021 at 0.8493527
The short-term trend has been DOWN since Dec 7th, 2021 at 0.8515216
Smart Scan Analysis for DKKBRL
Based on our trend formula, DKKBRL is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8636139 | 0.8644766 | 0.8497927 | 0.8510250 | -0.0125890 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8636139 | 2021-12-07 18:52:43 |