Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Danish Krone/Icelandic Krona (FOREX:DKKISK)
Strong Downtrend (-100) - DKKISK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for DKKISK
The long-term trend has been DOWN since Nov 30th, 2020 at 21.611756
The intermediate-term trend has been DOWN since Nov 11th, 2020 at 21.929279
The short-term trend has been DOWN since Nov 11th, 2020 at 21.984530
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).