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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.

FOREX_DKKNZD
Open High Low DKKNZD Price Change
0.2257800 0.2262345 0.2245880 0.2252665 -0.0005140
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term up The long-term trend has been UP since Jun 15th, 2022 at 0.226376

intermediate term up The intermediate-term trend has been UP since Apr 21st, 2022 at 0.217167

short term down 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).

+85
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways 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
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