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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Danish Krone/Colombian Peso (FOREX:DKKCOP)

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

Is it time to buy, sell, or avoid DKKCOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKCOP
Open High Low DKKCOP Price Change
593.62637 593.62637 593.62637 593.62637 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKCOP

long term up The long-term trend has been UP since Jun 28th, 2022 at 579.44465

intermediate term down The intermediate-term trend has been DOWN since Jul 29th, 2022 at 604.25197

short term down The short-term trend has been DOWN since Jul 29th, 2022 at 604.25197

Smart Scan Analysis for DKKCOP

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

-70
Smart Scan Analysis for DKKCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
593.62637 593.62637 593.62637 593.62637 0.00000
Prev. Close Volume Bid Ask Time
593.62637 2022-08-19 07:18:29
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