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Forex Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

Danish Krone/Polish New Zloty (FOREX:DKKPLN)

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

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

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

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

FOREX_DKKPLN
Open High Low DKKPLN Price Change
0.60312500 0.60327332 0.59662500 0.59681500 -0.00631000
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term up The long-term trend has been UP since Mar 16th, 2020 at 0.59235119

intermediate term down The intermediate-term trend has been DOWN since May 21st, 2020 at 0.60529500

short term down The short-term trend has been DOWN since May 19th, 2020 at 0.61055000

Smart Scan Analysis for DKKPLN

Based on our trend formula, DKKPLN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.60312500 0.60327332 0.59662500 0.59681500 -0.00631000
Prev. Close Volume Bid Ask Time
0.60312500 0.59668000 0.59695000 2020-05-26 09:39:52
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