Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

New Zealand Dollar/Danish Krone (FOREX:NZDDKK)

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

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
4.1208 4.1231 4.1192 4.1219 +0.0011
Entry Signal

MarketClub’s Trade Triangles for NZDDKK

long term down The long-term trend has been DOWN since Jul 22nd, 2024 at 4.1080

intermediate term up The intermediate-term trend has been UP since Nov 22nd, 2024 at 4.1820

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 4.1462

Smart Scan Analysis for NZDDKK

Based on our trend formula, NZDDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NZDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1208 4.1231 4.1192 4.1219 +0.0011
Prev. Close Volume Bid Ask Time
4.1208 2024-12-12 01:49:17
Get a free daily analysis and signals for New Zealand Dollar/Danish Krone (NZDDKK) - Request Your Free Report.