Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Icelandic Krona/Danish Krone (FOREX:ISKDKK)
Countertrend Up (+85) - ISKDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for ISKDKK
The long-term trend has been UP since Nov 30th, 2020 at 0.04627827
The intermediate-term trend has been UP since Feb 1st, 2021 at 0.04763489
The short-term trend has been UP since Feb 23rd, 2021 at 0.04780282
Smart Scan Analysis for ISKDKK
Based on our trend formula, ISKDKK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).