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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Polish New Zloty (FOREX:DKKPLN)
Bear Market Rally (-75) - DKKPLN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKPLN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DKKPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKPLN.
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 DKKPLN
The long-term trend has been DOWN since Mar 11th, 2024 at 0.575765
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.579495
The short-term trend has been DOWN since May 6th, 2024 at 0.578500
Smart Scan Analysis for DKKPLN
Based on our trend formula, DKKPLN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.57655500 | 0.57698000 | 0.57418319 | 0.57475000 | -0.00180500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.57655500 | 2024-05-09 12:26:21 |