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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

Sidelines Mode (-55) - DKKNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.22263850 0.22469100 0.22190500 0.22444878 +0.00181000
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 Dec 30th, 2020 at 0.22933800

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.22397050

Smart Scan Analysis for DKKNZD

Based on our trend formula, DKKNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22263850 0.22469100 0.22190500 0.22444878 +0.00181000
Prev. Close Volume Bid Ask Time
0.22263850 2021-02-26 22:50:35
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