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Forex Trend Analysis Report

Prepared for you on Sunday, April 18, 2021.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

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

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
0.22555314 0.22604211 0.22524521 0.22576947 +0.00021600
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 0.23588335

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2021 at 0.22525950

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 0.22689060

Smart Scan Analysis for DKKNZD

Based on our trend formula, DKKNZD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22555314 0.22604211 0.22524521 0.22576947 +0.00021600
Prev. Close Volume Bid Ask Time
0.22555314 2021-04-18 17:43:20
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