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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
New Zealand Dollar/Danish Krone (FOREX:NZDDKK)
Bear Market Rally (-75) - NZDDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDDKK as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for NZDDKK
The long-term trend has been DOWN since Jul 22nd, 2024 at 4.1080000
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 4.0683789
The short-term trend has been UP since Dec 25th, 2024 at 4.0605000
Smart Scan Analysis for NZDDKK
Based on our trend formula, NZDDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0530500 | 4.0561000 | 4.0240500 | 4.0283462 | -0.0247040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0530500 | 2024-12-26 17:15:22 |