Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Danish Krone/Polish New Zloty (FOREX:DKKPLN)

Long-Term Downtrend (-90) - DKKPLN is in a strong downtrend that is likely to continue. While DKKPLN is showing intraday strength, it remains in the confines of a bearish trend. 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
0.582620 0.584715 0.581225 0.583180 +0.000560
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 0.590680

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2023 at 0.614660

short term down The short-term trend has been DOWN since Nov 8th, 2023 at 0.596265

Smart Scan Analysis for DKKPLN

Based on our trend formula, DKKPLN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.582620 0.584715 0.581225 0.583180 +0.000560
Prev. Close Volume Bid Ask Time
0.582620 2023-11-30 06:44:54
Get a free daily analysis and signals for Danish Krone/Polish New Zloty (DKKPLN) - Request Your Free Report.