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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

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
554.80255 554.80255 554.80255 554.80255 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKCOP

long term up The long-term trend has been UP since Mar 9th, 2020 at 520.05878

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 570.19714

short term down The short-term trend has been DOWN since May 20th, 2020 at 566.33140

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
554.80255 554.80255 554.80255 554.80255 0.00000
Prev. Close Volume Bid Ask Time
554.80255 548.09588 561.50922 2020-05-26 07:14:37
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