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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Danish Krone/Ukrainian Hryvnia (FOREX:DKKUAH)

Bull Market Weakness (+75) - DKKUAH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKUAH as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid DKKUAH?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKUAH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKUAH
Open High Low DKKUAH Price Change
5.6724497 5.6724497 5.6724497 5.6724497 0.0000000
Entry Signal

MarketClub’s Trade Triangles for DKKUAH

long term up The long-term trend has been UP since Dec 11th, 2023 at 5.3213532

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 5.6726839

short term up The short-term trend has been UP since Apr 17th, 2024 at 5.6365000

Smart Scan Analysis for DKKUAH

Based on our trend formula, DKKUAH is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for DKKUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.6724497 5.6724497 5.6724497 5.6724497 0.0000000
Prev. Close Volume Bid Ask Time
5.6724497 2024-04-18 07:26:28
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