Free Daily Analysis

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.

FOREX_DKKPLN
Open High Low DKKPLN Price Change
0.600100 0.602155 0.599905 0.600645 +0.000545
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term up The long-term trend has been UP since Mar 16th, 2020 at 0.59235119

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2020 at 0.60365000

short term up 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).

-55
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.600100 0.602155 0.599905 0.600645 +0.000545
Prev. Close Volume Bid Ask Time
0.600100 2020-12-04 10:01:20
Get a free daily analysis and signals for Danish Krone/Polish New Zloty (DKKPLN) - Request Your Free Report.