Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/New Zealand Dollar (FOREX:DKKNZD)
Crossroads (-60) - DKKNZD 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 DKKNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DKKNZD
The long-term trend has been UP since Mar 19th, 2024 at 0.240480
The intermediate-term trend has been DOWN since May 9th, 2024 at 0.239524
The short-term trend has been DOWN since May 9th, 2024 at 0.239681
Smart Scan Analysis for DKKNZD
Based on our trend formula, DKKNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2399515 | 0.2402555 | 0.2395130 | 0.2399375 | -0.0000140 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2399515 | 2024-05-09 11:04:57 |