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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.

FOREX_ISKDKK
Open High Low ISKDKK Price Change
0.04870747 0.04870747 0.04870747 0.04870747 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKDKK

long term up The long-term trend has been UP since Nov 30th, 2020 at 0.04627827

intermediate term up The intermediate-term trend has been UP since Feb 1st, 2021 at 0.04763489

short term up 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).

+80
Smart Scan Analysis for ISKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04870747 0.04870747 0.04870747 0.04870747 0.00000000
Prev. Close Volume Bid Ask Time
0.04870747 2021-03-08 07:19:06
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