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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
New Zealand Dollar/Danish Krone (FOREX:NZDDKK)
Bear Market Rally (-75) - NZDDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDDKK as it may be in the beginning of a reversal.
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 Mar 19th, 2024 at 4.1578000
The intermediate-term trend has been UP since Apr 11th, 2024 at 4.1774663
The short-term trend has been DOWN since Apr 15th, 2024 at 4.1519000
Smart Scan Analysis for NZDDKK
Based on our trend formula, NZDDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.12235 | 4.13200 | 4.12020 | 4.12630 | +0.00395 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.12235 | 2024-04-19 13:08:29 |