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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Danish Krone/Colombian Peso (FOREX:DKKCOP)

Long-Term Downtrend (-90) - DKKCOP is in a strong downtrend that is likely to continue. While DKKCOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
611.46232 611.46232 611.46232 611.46232 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKCOP

long term down The long-term trend has been DOWN since Dec 15th, 2024 at 613.31447

intermediate term down The intermediate-term trend has been DOWN since Dec 15th, 2024 at 620.49367

short term down The short-term trend has been DOWN since Dec 15th, 2024 at 624.62833

Smart Scan Analysis for DKKCOP

Based on our trend formula, DKKCOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
611.46232 611.46232 611.46232 611.46232 0.00000
Prev. Close Volume Bid Ask Time
615.87503 2024-12-23 07:25:14
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