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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Icelandic Krona/Danish Krone (FOREX:ISKDKK)
Bear Market Rally (-75) - ISKDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ISKDKK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ISKDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ISKDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ISKDKK
The long-term trend has been DOWN since Nov 12th, 2023 at 0.05064939
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.04990980
The short-term trend has been UP since Apr 25th, 2024 at 0.04969284
Smart Scan Analysis for ISKDKK
Based on our trend formula, ISKDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04974376 | 0.04974376 | 0.04974376 | 0.04974376 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04974376 | 2024-04-25 07:26:32 |