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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Danish Krone/Polish New Zloty (FOREX:DKKPLN)

Countertrend Down (-85) - DKKPLN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid DKKPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKPLN
Open High Low DKKPLN Price Change
0.570970 0.572495 0.570700 0.571420 +0.000450
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term down The long-term trend has been DOWN since Dec 16th, 2024 at 0.570360

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2024 at 0.577755

short term up The short-term trend has been UP since Dec 25th, 2024 at 0.573535

Smart Scan Analysis for DKKPLN

Based on our trend formula, DKKPLN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.570970 0.572495 0.570700 0.571420 +0.000450
Prev. Close Volume Bid Ask Time
0.570970 2024-12-26 11:39:58
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