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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

Icelandic Krona/Danish Krone (FOREX:ISKDKK)

Strong Downtrend (-100) - ISKDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ISKDKK continues to fall. Traders should use caution and set stops.

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.

FOREX_ISKDKK
Open High Low ISKDKK Price Change
0.04962739 0.04962739 0.04962739 0.04962739 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKDKK

long term down The long-term trend has been DOWN since Nov 12th, 2023 at 0.05064939

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.04990980

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.04950680

Smart Scan Analysis for ISKDKK

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

-100
Smart Scan Analysis for ISKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04962739 0.04962739 0.04962739 0.04962739 0.00000000
Prev. Close Volume Bid Ask Time
0.04964718 2024-04-17 19:38:10
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