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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Danish Krone/Brazilian Real (FOREX:DKKBRL)

Weak Uptrend (+65) - DKKBRL is showing signs of weakening momentum to the upside. Monitor DKKBRL as it may be in the beginning stages of a reversal.

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.

FOREX_DKKBRL
Open High Low DKKBRL Price Change
0.8545521 0.8606625 0.8434154 0.8512966 -0.0032560
Entry Signal

MarketClub’s Trade Triangles for DKKBRL

long term up The long-term trend has been UP since Oct 6th, 2023 at 0.7335372

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 0.8657536

short term down The short-term trend has been DOWN since Dec 20th, 2024 at 0.8487995

Smart Scan Analysis for DKKBRL

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

+65
Smart Scan Analysis for DKKBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8545521 0.8606625 0.8434154 0.8512966 -0.0032560
Prev. Close Volume Bid Ask Time
0.8545521 2024-12-20 17:06:18
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