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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Danish Krone/Icelandic Krona (FOREX:DKKISK)

Strong Uptrend (+100) - DKKISK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKISK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.

FOREX_DKKISK
Open High Low DKKISK Price Change
20.060315 20.060530 20.060315 20.060530 +0.000215
Entry Signal

MarketClub’s Trade Triangles for DKKISK

long term up The long-term trend has been UP since Nov 12th, 2023 at 19.747212

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2024 at 20.034470

short term up The short-term trend has been UP since Jul 18th, 2024 at 20.028334

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
20.060315 20.060530 20.060315 20.060530 +0.000215
Prev. Close Volume Bid Ask Time
20.060315 2024-07-26 14:00:16
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