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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Danish Krone/Icelandic Krona (FOREX:DKKISK)

Countertrend Up (+85) - DKKISK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
20.823527 20.823527 20.823527 20.823527 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKISK

long term up The long-term trend has been UP since Feb 19th, 2020 at 18.483287

intermediate term up The intermediate-term trend has been UP since Feb 4th, 2020 at 18.440111

short term up The short-term trend has been UP since Feb 19th, 2020 at 18.432378

Smart Scan Analysis for DKKISK

Based on our trend formula, DKKISK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for DKKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.823527 20.823527 20.823527 20.823527 0.000000
Prev. Close Volume Bid Ask Time
20.823527 20.555700 21.091354 2020-04-06 07:17:52
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