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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Danish Krone/Icelandic Krona (FOREX:DKKISK)

Strong Downtrend (-100) - DKKISK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_DKKISK
Open High Low DKKISK Price Change
20.955673 20.955673 20.955673 20.955673 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKISK

long term down The long-term trend has been DOWN since Nov 30th, 2020 at 21.611756

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2020 at 21.929279

short term down The short-term trend has been DOWN since Nov 11th, 2020 at 21.984530

Smart Scan Analysis for DKKISK

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

-100
Smart Scan Analysis for DKKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.955673 20.955673 20.955673 20.955673 0.000000
Prev. Close Volume Bid Ask Time
20.567811 2020-12-02 07:11:30
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