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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Danish Krone/Polish New Zloty (FOREX:DKKPLN)

Crossroads (-60) - DKKPLN is struggling to move into a solid trend. Beware of choppy markets 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
0.572705 0.572810 0.572705 0.572750 +0.000045
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term up The long-term trend has been UP since Oct 7th, 2024 at 0.580810

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2024 at 0.577755

short term down The short-term trend has been DOWN since Nov 25th, 2024 at 0.580685

Smart Scan Analysis for DKKPLN

Based on our trend formula, DKKPLN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.572705 0.572810 0.572705 0.572750 +0.000045
Prev. Close Volume Bid Ask Time
0.572705 2024-12-09 00:02:24
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