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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Danish Krone/South African Rand (FOREX:DKKZAR)
Crossroads (+60) - DKKZAR 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 DKKZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DKKZAR
The long-term trend has been DOWN since Apr 5th, 2024 at 2.70009
The intermediate-term trend has been UP since Dec 23rd, 2024 at 2.56960
The short-term trend has been UP since Dec 17th, 2024 at 2.52590
Smart Scan Analysis for DKKZAR
Based on our trend formula, DKKZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.614000 | 2.639145 | 2.588880 | 2.632370 | +0.018370 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.614000 | 2024-12-26 21:07:52 |