Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
New Zealand Dollar/Danish Krone (FOREX:NZDDKK)
Strong Uptrend (+100) - NZDDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NZDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDDKK
The long-term trend has been UP since Sep 3rd, 2021 at 4.46960
The intermediate-term trend has been UP since Oct 14th, 2021 at 4.49205
The short-term trend has been UP since Oct 4th, 2021 at 4.45720
Smart Scan Analysis for NZDDKK
Based on our trend formula, NZDDKK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).