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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.
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MarketClub’s Trade Triangles for DKKISK
The long-term trend has been DOWN since Oct 20th, 2024 at 19.984948
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 19.401087
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).
| 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 |