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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

Danish Krone/Polish New Zloty (FOREX:DKKPLN)

Strong Downtrend (-100) - DKKPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKPLN continues to fall. Traders should use caution 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
0.57013 0.57084 0.56970 0.56998 -0.00015
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term down The long-term trend has been DOWN since Mar 11th, 2024 at 0.575765

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2024 at 0.574120

short term down The short-term trend has been DOWN since May 6th, 2024 at 0.578500

Smart Scan Analysis for DKKPLN

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

-100
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.57013 0.57084 0.56970 0.56998 -0.00015
Prev. Close Volume Bid Ask Time
0.57013 2024-05-21 10:18:47
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