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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

Strong Downtrend (-100) - DKKNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.21810200 0.21817648 0.21767000 0.21770700 -0.00039500
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term down The long-term trend has been DOWN since Sep 3rd, 2021 at 0.2237775

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.2226140

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.2243850

Smart Scan Analysis for DKKNZD

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

-100
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21810200 0.21817648 0.21767000 0.21770700 -0.00039500
Prev. Close Volume Bid Ask Time
0.21810200 2021-10-22 05:19:08
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