Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Danish Krone/New Zealand Dollar (FOREX:DKKNZD)
Weak Downtrend (-65) - DKKNZD is showing signs of a strengthening downtrend. Monitor DKKNZD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for DKKNZD
The long-term trend has been DOWN since Jun 2nd, 2020 at 0.23588335
The intermediate-term trend has been DOWN since Oct 27th, 2020 at 0.23623900
The short-term trend has been UP since Nov 30th, 2020 at 0.22909026
Smart Scan Analysis for DKKNZD
Based on our trend formula, DKKNZD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).