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Forex Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

Icelandic Krona/Danish Krone (FOREX:ISKDKK)

Sidelines Mode (-55) - ISKDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.05341841 0.05341841 0.05341841 0.05341841 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKDKK

long term up The long-term trend has been UP since Jan 23rd, 2022 at 0.05072072

intermediate term down The intermediate-term trend has been DOWN since Jun 6th, 2022 at 0.05389291

short term up The short-term trend has been UP since Jul 5th, 2022 at 0.05335161

Smart Scan Analysis for ISKDKK

Based on our trend formula, ISKDKK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ISKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05341841 0.05341841 0.05341841 0.05341841 0.00000000
Prev. Close Volume Bid Ask Time
0.05341841 2022-07-05 07:16:05
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