Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Danish Krone/South African Rand (FOREX:DKKZAR)

Bull Market Weakness (+75) - DKKZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKZAR as it may be in the beginning stages of a reversal.

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

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

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

FOREX_DKKZAR
Open High Low DKKZAR Price Change
2.279950 2.295835 2.277475 2.292300 +0.012350
Entry Signal

MarketClub’s Trade Triangles for DKKZAR

long term up The long-term trend has been UP since Jul 7th, 2022 at 2.308495

intermediate term down The intermediate-term trend has been DOWN since Jul 28th, 2022 at 2.266805

short term up The short-term trend has been UP since Aug 17th, 2022 at 2.252705

Smart Scan Analysis for DKKZAR

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

+75
Smart Scan Analysis for DKKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.279950 2.295835 2.277475 2.292300 +0.012350
Prev. Close Volume Bid Ask Time
2.279950 2022-08-18 22:39:56
Get a free daily analysis and signals for Danish Krone/South African Rand (DKKZAR) - Request Your Free Report.