Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

New Zealand Dollar/Danish Krone (FOREX:NZDDKK)

Crossroads (+60) - NZDDKK 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 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.

FOREX_NZDDKK
Open High Low NZDDKK Price Change
4.1556317 4.1556317 4.1556317 4.1556317 0.0000000
Entry Signal

MarketClub’s Trade Triangles for NZDDKK

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 4.1578000

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 4.1774663

short term up The short-term trend has been UP since Mar 31st, 2024 at 4.1386000

Smart Scan Analysis for NZDDKK

Based on our trend formula, NZDDKK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NZDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1556317 4.1556317 4.1556317 4.1556317 0.0000000
Prev. Close Volume Bid Ask Time
4.1556317 2024-04-13 04:53:11
Get a free daily analysis and signals for New Zealand Dollar/Danish Krone (NZDDKK) - Request Your Free Report.