Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Colombian Peso (FOREX:DKKCOP)
Crossroads (+60) - DKKCOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DKKCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCOP.
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 DKKCOP
The long-term trend has been DOWN since Apr 12th, 2023 at 662.18809
The intermediate-term trend has been UP since Apr 17th, 2024 at 559.39124
The short-term trend has been UP since May 2nd, 2024 at 560.24678
Smart Scan Analysis for DKKCOP
Based on our trend formula, DKKCOP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
561.15612 | 561.15612 | 561.15612 | 561.15612 | 0.00000 |
Prev. Close | Volume | Bid | Ask | Time |
561.15612 | 2024-05-09 07:26:27 |