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Forex Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

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.

FOREX_DKKKES
Open High Low DKKKES Price Change
22.264568 22.264568 22.264568 22.264568 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKKES

long term up The long-term trend has been UP since Nov 11th, 2022 at 16.513364

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2023 at 20.913859

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 22.301905

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).

+55
Smart Scan Analysis for DKKKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.264568 22.264568 22.264568 22.264568 0.000000
Prev. Close Volume Bid Ask Time
22.264568 2023-12-01 07:33:07
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