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Forex Trend Analysis Report

Prepared for you on Monday, November 4, 2024.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

Strong Uptrend (+100) - DKKNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKNZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.2432205 0.2442805 0.2431530 0.2442335 +0.0010130
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term up The long-term trend has been UP since Jul 22nd, 2024 at 0.2434305

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2024 at 0.2414685

short term up The short-term trend has been UP since Oct 23rd, 2024 at 0.2408650

Smart Scan Analysis for DKKNZD

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

+100
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2432205 0.2442805 0.2431530 0.2442335 +0.0010130
Prev. Close Volume Bid Ask Time
0.2432205 2024-11-04 05:41:01
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