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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

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.

FOREX_DKKZAR
Open High Low DKKZAR Price Change
2.290695 2.295865 2.281045 2.286350 -0.004345
Entry Signal

MarketClub’s Trade Triangles for DKKZAR

long term down The long-term trend has been DOWN since Feb 14th, 2022 at 2.291575

intermediate term up The intermediate-term trend has been UP since Jun 28th, 2022 at 2.277465

short term up The short-term trend has been UP since Jun 28th, 2022 at 2.264025

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).

+60
Smart Scan Analysis for DKKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.290695 2.295865 2.281045 2.286350 -0.004345
Prev. Close Volume Bid Ask Time
2.290695 2022-07-04 22:33:16
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