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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Icelandic Krona (FOREX:DKKISK)
Weak Downtrend (-65) - DKKISK is showing signs of a strengthening downtrend. Monitor DKKISK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DKKISK?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKISK.
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 DKKISK
The long-term trend has been UP since Nov 12th, 2023 at 19.747212
The intermediate-term trend has been DOWN since May 1st, 2024 at 20.102948
The short-term trend has been DOWN since May 1st, 2024 at 20.106600
Smart Scan Analysis for DKKISK
Based on our trend formula, DKKISK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.131097 | 20.131097 | 20.131097 | 20.131097 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.131097 | 2024-05-08 21:02:50 |