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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.

FOREX_DKKISK
Open High Low DKKISK Price Change
19.46676 19.46676 19.46676 19.46676 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKISK

long term down The long-term trend has been DOWN since Mar 28th, 2023 at 19.964320

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2023 at 19.291591

short term up 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).

+50
Smart Scan Analysis for DKKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.46676 19.46676 19.46676 19.46676 0.00000
Prev. Close Volume Bid Ask Time
19.46676 2023-09-23 13:03:35
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