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.
MarketClub’s Trade Triangles for DKKKES
The long-term trend has been DOWN since Jul 19th, 2021 at 17.169703
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 17.169703
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).