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Forex Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

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
590.78415 590.78415 590.78415 590.78415 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKCOP

long term up The long-term trend has been UP since Jun 28th, 2022 at 579.44465

intermediate term down The intermediate-term trend has been DOWN since Jul 29th, 2022 at 604.25197

short term down The short-term trend has been DOWN since Jul 29th, 2022 at 604.25197

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
590.78415 590.78415 590.78415 590.78415 0.00000
Prev. Close Volume Bid Ask Time
590.78415 2022-08-06 07:52:52
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