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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Danish Krone/Kenyan Shilling (FOREX:DKKKES)

Countertrend Up (+85) - DKKKES is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
19.280214 19.280214 19.280214 19.280214 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 Mar 2nd, 2023 at 18.115677

short term up The short-term trend has been UP since Feb 28th, 2023 at 18.001195

Smart Scan Analysis for DKKKES

Based on our trend formula, DKKKES is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for DKKKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.280214 19.280214 19.280214 19.280214 0.000000
Prev. Close Volume Bid Ask Time
19.280214 2023-03-30 07:28:01
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