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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Canadian Dollar (FOREX:DKKCAD)
Long-Term Uptrend (+90) - DKKCAD is in a strong uptrend that is likely to continue. While DKKCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DKKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCAD.
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 DKKCAD
The long-term trend has been UP since Mar 6th, 2024 at 0.19823250
The intermediate-term trend has been UP since Jul 11th, 2024 at 0.19836831
The short-term trend has been UP since Jul 22nd, 2024 at 0.20060150
Smart Scan Analysis for DKKCAD
Based on our trend formula, DKKCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20102100 | 0.20153593 | 0.20067495 | 0.20129840 | +0.00027700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20102100 | 2024-07-26 17:03:32 |