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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

Weak Downtrend (-65) - DKKNZD is showing signs of a strengthening downtrend. Monitor DKKNZD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid DKKNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKNZD
Open High Low DKKNZD Price Change
0.231006 0.232153 0.230980 0.231815 +0.000809
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 0.23588335

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2020 at 0.23623900

short term up The short-term trend has been UP since Nov 30th, 2020 at 0.22909026

Smart Scan Analysis for DKKNZD

Based on our trend formula, DKKNZD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.231006 0.232153 0.230980 0.231815 +0.000809
Prev. Close Volume Bid Ask Time
0.231006 2020-12-04 09:08:38
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