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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

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.

FOREX_DKKCOP
Open High Low DKKCOP Price Change
586.30595 586.30595 586.30595 586.30595 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKCOP

long term down The long-term trend has been DOWN since Nov 12th, 2020 at 590.08233

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2021 at 568.47702

short term up The short-term trend has been UP since Feb 22nd, 2021 at 574.12420

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).

-60
Smart Scan Analysis for DKKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
586.30595 586.30595 586.30595 586.30595 0.00000
Prev. Close Volume Bid Ask Time
585.57562 2021-02-25 07:31:39
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