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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Zealand Dollar/Danish Krone (FOREX:NZDDKK)
Strong Downtrend (-100) - NZDDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDDKK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NZDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NZDDKK
The long-term trend has been DOWN since Jul 22nd, 2024 at 4.10800
The intermediate-term trend has been DOWN since Jul 1st, 2024 at 4.21625
The short-term trend has been DOWN since Jul 9th, 2024 at 4.21280
Smart Scan Analysis for NZDDKK
Based on our trend formula, NZDDKK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0458599 | 4.0619000 | 4.0421643 | 4.0421643 | -0.0036960 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0458599 | 2024-07-26 20:42:11 |