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Forex Trend Analysis Report

Prepared for you on Saturday, January 29, 2022.

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
17.209168 17.209168 17.209168 17.209168 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKKES

long term up The long-term trend has been UP since Jan 13th, 2022 at 17.435063

intermediate term up The intermediate-term trend has been UP since Dec 14th, 2021 at 17.183542

short term down The short-term trend has been DOWN since Jan 24th, 2022 at 17.250430

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
17.209168 17.209168 17.209168 17.209168 0.000000
Prev. Close Volume Bid Ask Time
17.024642 2022-01-26 07:15:29
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