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Forex Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
Danish Krone/New Zealand Dollar (FOREX:DKKNZD)
Strong Uptrend (+100) - DKKNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKNZD 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 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.
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MarketClub’s Trade Triangles for DKKNZD
The long-term trend has been UP since Jul 22nd, 2024 at 0.24343050
The intermediate-term trend has been UP since Nov 29th, 2024 at 0.24445101
The short-term trend has been UP since Dec 4th, 2024 at 0.24118250
Smart Scan Analysis for DKKNZD
Based on our trend formula, DKKNZD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2404680 | 0.2417705 | 0.2402975 | 0.2417540 | +0.0012860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2404680 | 2024-12-05 21:30:10 |