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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Icelandic Krona/Danish Krone (FOREX:ISKDKK)
Long-Term Downtrend (-90) - ISKDKK is in a strong downtrend that is likely to continue. While ISKDKK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ISKDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ISKDKK.
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 ISKDKK
The long-term trend has been DOWN since Nov 12th, 2023 at 0.05064939
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.04990980
The short-term trend has been DOWN since Apr 16th, 2024 at 0.04950680
Smart Scan Analysis for ISKDKK
Based on our trend formula, ISKDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04968411 | 0.04968411 | 0.04968411 | 0.04968411 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04968411 | 2024-04-23 21:01:41 |