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Forex Trend Analysis Report

Prepared for you on Tuesday, April 30, 2024.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

Long-Term Uptrend (+90) - DKKNZD is in a strong uptrend that is likely to continue. While DKKNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_DKKNZD
Open High Low DKKNZD Price Change
0.24131400 0.24292600 0.24119875 0.24246700 +0.00115300
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term up The long-term trend has been UP since Mar 19th, 2024 at 0.2404800

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 0.2430246

short term up The short-term trend has been UP since Apr 30th, 2024 at 0.2419220

Smart Scan Analysis for DKKNZD

Based on our trend formula, DKKNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24131400 0.24292600 0.24119875 0.24246700 +0.00115300
Prev. Close Volume Bid Ask Time
0.24131400 2024-04-30 12:32:33
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