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Forex Trend Analysis Report
Prepared for you on Friday, March 14, 2025.
Danish Krone/Norwegian Krone (FOREX:DKKNOK)
Long-Term Downtrend (-90) - DKKNOK is in a strong downtrend that is likely to continue. While DKKNOK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DKKNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKNOK.
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 DKKNOK
The long-term trend has been DOWN since Nov 22nd, 2024 at 1.5511463
The intermediate-term trend has been DOWN since Mar 12th, 2025 at 1.5517314
The short-term trend has been DOWN since Mar 10th, 2025 at 1.5699650
Smart Scan Analysis for DKKNOK
Based on our trend formula, DKKNOK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5543859 | 1.5567915 | 1.5520939 | 1.5557336 | +0.0013480 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5543859 | 2025-03-14 04:50:08 |