Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Danish Krone/New Zealand Dollar (FOREX:DKKNZD)
Countertrend Up (+85) - DKKNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for DKKNZD
The long-term trend has been UP since Jun 15th, 2022 at 0.226376
The intermediate-term trend has been UP since Apr 21st, 2022 at 0.217167
The short-term trend has been DOWN since Jul 5th, 2022 at 0.224629
Smart Scan Analysis for DKKNZD
Based on our trend formula, DKKNZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2257800 | 0.2262345 | 0.2245880 | 0.2252665 | -0.0005140 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2257800 | 2022-07-05 08:05:04 |