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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Danish Krone/Polish New Zloty (FOREX:DKKPLN)

Sidelines Mode (-55) - DKKPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_DKKPLN
Open High Low DKKPLN Price Change
0.57966 0.57995 0.57867 0.57946 -0.00020
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term down The long-term trend has been DOWN since Mar 11th, 2024 at 0.575765

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2024 at 0.580740

short term up The short-term trend has been UP since Mar 15th, 2024 at 0.576655

Smart Scan Analysis for DKKPLN

Based on our trend formula, DKKPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.57966 0.57995 0.57867 0.57946 -0.00020
Prev. Close Volume Bid Ask Time
0.57966 2024-03-19 06:13:10
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