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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Danish Krone/Colombian Peso (FOREX:DKKCOP)
Sidelines Mode (+50) - DKKCOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKCOP can gain momentum.
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 Apr 17th, 2024 at 548.53769
Smart Scan Analysis for DKKCOP
Based on our trend formula, DKKCOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 556.88311 | 556.88311 | 556.88311 | 556.88311 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 556.88311 | 2024-04-18 07:26:27 |