Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Danish Krone/Polish New Zloty (FOREX:DKKPLN)
Sidelines Mode (-55) - DKKPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for DKKPLN
The long-term trend has been UP since Mar 16th, 2020 at 0.59235119
The intermediate-term trend has been DOWN since Nov 8th, 2020 at 0.60365000
The short-term trend has been UP since Dec 2nd, 2020 at 0.60333500
Smart Scan Analysis for DKKPLN
Based on our trend formula, DKKPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).