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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Danish Krone/Colombian Peso (FOREX:DKKCOP)

Weak Downtrend (-65) - DKKCOP is showing signs of a strengthening downtrend. Monitor DKKCOP as it may be building momentum to the downside.

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
556.51964 556.51964 556.51964 556.51964 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKCOP

long term down The long-term trend has been DOWN since Apr 12th, 2023 at 662.18809

intermediate term up The intermediate-term trend has been UP since Apr 17th, 2024 at 559.39124

short term down The short-term trend has been DOWN since May 15th, 2024 at 562.05929

Smart Scan Analysis for DKKCOP

Based on our trend formula, DKKCOP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
556.51964 556.51964 556.51964 556.51964 0.00000
Prev. Close Volume Bid Ask Time
556.51964 2024-05-23 07:26:11
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