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Forex Trend Analysis Report
Prepared for you on Monday, December 30, 2024.
Danish Krone/Norwegian Krone (FOREX:DKKNOK)
Weak Downtrend (-65) - DKKNOK is showing signs of a strengthening downtrend. Monitor DKKNOK as it may be building momentum to the downside.
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 Dec 25th, 2024 at 1.5510270
The short-term trend has been DOWN since Dec 25th, 2024 at 1.5761098
Smart Scan Analysis for DKKNOK
Based on our trend formula, DKKNOK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5868651 | 1.5904972 | 1.5753000 | 1.5810640 | -0.0058010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5868651 | 2024-12-30 23:35:31 |