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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Danish Krone/Icelandic Krona (FOREX:DKKISK)

Weak Downtrend (-65) - DKKISK is showing signs of a strengthening downtrend. Monitor DKKISK as it may be building momentum to the downside.

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
19.98393 19.98393 19.98393 19.98393 0.00000
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 down The intermediate-term trend has been DOWN since May 24th, 2024 at 20.098279

short term down The short-term trend has been DOWN since Jun 11th, 2024 at 20.063931

Smart Scan Analysis for DKKISK

Based on our trend formula, DKKISK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.98393 19.98393 19.98393 19.98393 0.00000
Prev. Close Volume Bid Ask Time
19.98352 2024-06-14 07:26:18
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