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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Danish Krone/Polish New Zloty (FOREX:DKKPLN)

Weak Uptrend (+65) - DKKPLN is showing signs of weakening momentum to the upside. Monitor DKKPLN as it may be in the beginning stages of a reversal.

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
0.580985 0.581590 0.580070 0.581555 +0.000570
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term up The long-term trend has been UP since Oct 7th, 2024 at 0.58081

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2024 at 0.57680

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 0.58046

Smart Scan Analysis for DKKPLN

Based on our trend formula, DKKPLN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.580985 0.581590 0.580070 0.581555 +0.000570
Prev. Close Volume Bid Ask Time
0.580985 2024-11-20 03:41:17
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