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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
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.
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MarketClub’s Trade Triangles for DKKNZD
The long-term trend has been UP since Jul 22nd, 2024 at 0.2434305
The intermediate-term trend has been DOWN since Jan 13th, 2025 at 0.2451565
The short-term trend has been UP since Jan 17th, 2025 at 0.2466990
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2461505 | 0.2469910 | 0.2459105 | 0.2460435 | -0.0001070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2461505 | 2025-01-20 09:40:08 |