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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

FOREX_DKKPLN
Open High Low DKKPLN Price Change
0.57412500 0.57440000 0.57184000 0.57348813 -0.00063700
Entry Signal

MarketClub’s Trade Triangles for DKKPLN

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 0.56920

intermediate term down The intermediate-term trend has been DOWN since Jul 4th, 2024 at 0.57484

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 0.57292

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).

-90
Smart Scan Analysis for DKKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.57412500 0.57440000 0.57184000 0.57348813 -0.00063700
Prev. Close Volume Bid Ask Time
0.57412500 2024-07-26 19:54:42
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