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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Kenyan Shilling (FOREX:DKKKES)
Sidelines Mode (-55) - DKKKES 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 DKKKES?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKKES.
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 DKKKES
The long-term trend has been DOWN since Feb 16th, 2024 at 21.804163
The intermediate-term trend has been DOWN since Jul 11th, 2024 at 18.496636
The short-term trend has been UP since Jul 17th, 2024 at 18.642639
Smart Scan Analysis for DKKKES
Based on our trend formula, DKKKES is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.903485 | 18.903485 | 18.903485 | 18.903485 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.903485 | 2024-07-25 07:26:12 |