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Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2025.

Danish Krone/Icelandic Krona (FOREX:DKKISK)

Bear Market Rally (-75) - DKKISK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKISK as it may be in the beginning of a reversal.

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
19.393975 19.393975 19.393975 19.393975 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKISK

long term down The long-term trend has been DOWN since Oct 20th, 2024 at 19.984948

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 19.401087

short term up The short-term trend has been UP since Jan 7th, 2025 at 19.346159

Smart Scan Analysis for DKKISK

Based on our trend formula, DKKISK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DKKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.393975 19.393975 19.393975 19.393975 0.000000
Prev. Close Volume Bid Ask Time
19.446883 2025-01-15 07:25:20
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