Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Danish Krone/Polish New Zloty (FOREX:DKKPLN)
Long-Term Downtrend (-90) - DKKPLN is in a strong downtrend that is likely to continue. While DKKPLN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for DKKPLN
The long-term trend has been DOWN since Nov 14th, 2023 at 0.5906800
The intermediate-term trend has been DOWN since Oct 6th, 2023 at 0.6146600
The short-term trend has been DOWN since Dec 5th, 2023 at 0.5790162
Smart Scan Analysis for DKKPLN
Based on our trend formula, DKKPLN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).