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Forex Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

Danish Krone/New Zealand Dollar (FOREX:DKKNZD)

Bear Market Rally (-75) - DKKNZD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKNZD as it may be in the beginning of a reversal.

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
0.22107276 0.22107276 0.22107276 0.22107276 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DKKNZD

long term down The long-term trend has been DOWN since Mar 1st, 2022 at 0.2220455

intermediate term up The intermediate-term trend has been UP since Apr 21st, 2022 at 0.2171670

short term down The short-term trend has been DOWN since May 27th, 2022 at 0.2207125

Smart Scan Analysis for DKKNZD

Based on our trend formula, DKKNZD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DKKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22107276 0.22107276 0.22107276 0.22107276 0.00000000
Prev. Close Volume Bid Ask Time
0.22107276 2022-05-28 13:55:39
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