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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
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.
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MarketClub’s Trade Triangles for DKKISK
The long-term trend has been UP since Nov 12th, 2023 at 19.747212
The intermediate-term trend has been UP since Mar 28th, 2024 at 20.039739
The short-term trend has been DOWN since Apr 25th, 2024 at 20.127194
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.1066 | 20.1066 | 20.1066 | 20.1066 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.1066 | 2024-04-25 07:26:32 |