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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for DKKCOP
The long-term trend has been UP since Jun 13th, 2024 at 575.75443
The intermediate-term trend has been DOWN since Jul 10th, 2024 at 586.28276
The short-term trend has been DOWN since Jul 23rd, 2024 at 582.75854
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 588.31530 | 588.31885 | 588.31530 | 588.31885 | +0.00355 |
| Prev. Close | Volume | Bid | Ask | Time |
| 588.31530 | 2024-07-26 14:00:13 |