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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Danish Krone/South African Rand (FOREX:DKKZAR)

Weak Downtrend (-65) - DKKZAR is showing signs of a strengthening downtrend. Monitor DKKZAR as it may be building momentum to the downside.

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
2.582735 2.585655 2.565165 2.576610 -0.006125
Entry Signal

MarketClub’s Trade Triangles for DKKZAR

long term up The long-term trend has been UP since Jan 27th, 2025 at 2.639145

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 2.572255

short term down The short-term trend has been DOWN since Feb 19th, 2025 at 2.575175

Smart Scan Analysis for DKKZAR

Based on our trend formula, DKKZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.582735 2.585655 2.565165 2.576610 -0.006125
Prev. Close Volume Bid Ask Time
2.582735 2025-02-21 17:03:13
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