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Forex Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
Danish Krone/Norwegian Krone (FOREX:DKKNOK)
Strong Uptrend (+100) - DKKNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKNOK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since May 9th, 2022 at 1.3728000
The intermediate-term trend has been UP since Apr 24th, 2022 at 1.3036623
The short-term trend has been UP since May 18th, 2022 at 1.3762812
Smart Scan Analysis for DKKNOK
Based on our trend formula, DKKNOK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3806900 | 1.3879742 | 1.3794073 | 1.3845707 | +0.0038810 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3806900 | 2022-05-24 11:54:03 |