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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Danish Krone/Polish New Zloty (FOREX:DKKPLN)

Crossroads (-60) - DKKPLN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.629160 0.630485 0.628475 0.629245 +0.000085
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term up The long-term trend has been UP since Feb 14th, 2023 at 0.64330

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2023 at 0.63180

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 0.63005

Smart Scan Analysis for DKKPLN

Based on our trend formula, DKKPLN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.629160 0.630485 0.628475 0.629245 +0.000085
Prev. Close Volume Bid Ask Time
0.629160 2023-03-22 19:29:27
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