Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

Danish Krone/Kenyan Shilling (FOREX:DKKKES)

Sidelines Mode (+50) - DKKKES is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKKES can gain momentum.

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
19.16215 19.16215 19.16215 19.16215 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKKES

long term down The long-term trend has been DOWN since Feb 16th, 2024 at 21.804163

intermediate term up The intermediate-term trend has been UP since Aug 5th, 2024 at 18.903485

short term up The short-term trend has been UP since Aug 22nd, 2024 at 19.240834

Smart Scan Analysis for DKKKES

Based on our trend formula, DKKKES is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for DKKKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.16215 19.16215 19.16215 19.16215 0.00000
Prev. Close Volume Bid Ask Time
19.16215 2024-09-07 04:49:22
Get a free daily analysis and signals for Danish Krone/Kenyan Shilling (DKKKES) - Request Your Free Report.