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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

Bull Market Weakness (+75) - DKKNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKNZD as it may be in the beginning stages of a reversal.

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
0.24168350 0.24199100 0.24107221 0.24110400 -0.00057900
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term up The long-term trend has been UP since Mar 19th, 2024 at 0.2404800

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 0.2430246

short term up The short-term trend has been UP since Apr 15th, 2024 at 0.2408220

Smart Scan Analysis for DKKNZD

Based on our trend formula, DKKNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24168350 0.24199100 0.24107221 0.24110400 -0.00057900
Prev. Close Volume Bid Ask Time
0.24168350 2024-04-22 20:59:39
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