Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
Danish Krone/Icelandic Krona (FOREX:DKKISK)
Sidelines Mode (+50) - DKKISK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKISK can gain momentum.
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.
MarketClub’s Trade Triangles for DKKISK
The long-term trend has been DOWN since Mar 28th, 2023 at 19.964320
The intermediate-term trend has been UP since Sep 22nd, 2023 at 19.291591
The short-term trend has been UP since Sep 22nd, 2023 at 19.291591
Smart Scan Analysis for DKKISK
Based on our trend formula, DKKISK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).