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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Icelandic Krona/Danish Krone (FOREX:ISKDKK)

Sidelines Mode (+50) - ISKDKK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ISKDKK can gain momentum.

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
0.04772087 0.04772087 0.04772087 0.04772087 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKDKK

long term down The long-term trend has been DOWN since Feb 19th, 2020 at 0.05411428

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 0.04707979

short term up The short-term trend has been UP since May 6th, 2020 at 0.04682055

Smart Scan Analysis for ISKDKK

Based on our trend formula, ISKDKK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ISKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04772087 0.04772087 0.04772087 0.04772087 0.00000000
Prev. Close Volume Bid Ask Time
0.04774259 0.04711023 0.04833150 2020-05-21 21:08:21
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