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Forex Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

Danish Krone/Kenyan Shilling (FOREX:DKKKES)

Countertrend Down (-85) - DKKKES is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
17.210457 17.210457 17.210457 17.210457 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKKES

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 17.169703

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 17.169703

short term up The short-term trend has been UP since Jul 26th, 2021 at 17.152800

Smart Scan Analysis for DKKKES

Based on our trend formula, DKKKES is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DKKKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.210457 17.210457 17.210457 17.210457 0.000000
Prev. Close Volume Bid Ask Time
17.210457 2021-07-27 07:37:41
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