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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

New Zealand Dollar/Danish Krone (FOREX:NZDDKK)

Weak Downtrend (-65) - NZDDKK is showing signs of a strengthening downtrend. Monitor NZDDKK as it may be building momentum to the downside.

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.

FOREX_NZDDKK
Open High Low NZDDKK Price Change
4.481088 4.481088 4.481088 4.481088 0.000000
Entry Signal

MarketClub’s Trade Triangles for NZDDKK

long term up The long-term trend has been UP since Sep 3rd, 2021 at 4.4696

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2021 at 4.5470

short term down The short-term trend has been DOWN since Nov 22nd, 2021 at 4.5938

Smart Scan Analysis for NZDDKK

Based on our trend formula, NZDDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NZDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.481088 4.481088 4.481088 4.481088 0.000000
Prev. Close Volume Bid Ask Time
4.481088 2021-11-27 19:44:06
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