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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

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.

FOREX_DKKNZD
Open High Low DKKNZD Price Change
0.24686578 0.24686578 0.24686578 0.24686578 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term up The long-term trend has been UP since Feb 27th, 2020 at 0.2333700

intermediate term up The intermediate-term trend has been UP since Jan 28th, 2020 at 0.2257135

short term up The short-term trend has been UP since Apr 1st, 2020 at 0.2491235

Smart Scan Analysis for DKKNZD

Based on our trend formula, DKKNZD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24686578 0.24686578 0.24686578 0.24686578 0.00000000
Prev. Close Volume Bid Ask Time
0.24686578 0.24673180 0.24699976 2020-04-05 00:13:24
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