Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Norwegian Krone (FOREX:DKKNOK)
Bull Market Weakness (+75) - DKKNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKNOK as it may be in the beginning stages of a reversal.
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.
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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 UP since Jul 10th, 2024 at 1.5523762
The short-term trend has been DOWN since Jul 26th, 2024 at 1.5978732
Smart Scan Analysis for DKKNOK
Based on our trend formula, DKKNOK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6036177 | 1.6063000 | 1.5878000 | 1.6007216 | -0.0028960 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6036177 | 2024-07-26 17:02:59 |