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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

Weak Uptrend (+65) - DKKNZD is showing signs of weakening momentum to the upside. Monitor 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
0.2403160 0.2407040 0.2402725 0.2405245 +0.0002090
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term up The long-term trend has been UP since Jul 22nd, 2024 at 0.24343050

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2024 at 0.24146850

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.24038526

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).

+65
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2403160 0.2407040 0.2402725 0.2405245 +0.0002090
Prev. Close Volume Bid Ask Time
0.2403160 2024-11-20 03:39:42
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