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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Danish Krone/Icelandic Krona (FOREX:DKKISK)

Sidelines Mode (-55) - DKKISK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
20.143281 20.143281 20.143281 20.143281 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKISK

long term up The long-term trend has been UP since Sep 3rd, 2021 at 20.196954

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 20.225452

short term up The short-term trend has been UP since Oct 22nd, 2021 at 20.159678

Smart Scan Analysis for DKKISK

Based on our trend formula, DKKISK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DKKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.143281 20.143281 20.143281 20.143281 0.000000
Prev. Close Volume Bid Ask Time
20.143281 2021-10-26 07:16:41
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