Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Danish Krone/Norwegian Krone (FOREX:DKKNOK)
Weak Downtrend (-65) - DKKNOK is showing signs of a strengthening downtrend. Monitor DKKNOK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DKKNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKNOK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DKKNOK
The long-term trend has been UP since Jul 23rd, 2024 at 1.6153145
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 1.5684450
The short-term trend has been DOWN since Nov 6th, 2024 at 1.6002525
Smart Scan Analysis for DKKNOK
Based on our trend formula, DKKNOK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5599400 | 1.5608487 | 1.5588934 | 1.5599150 | -0.0000250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5599400 | 2024-11-20 03:24:03 |