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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Danish Krone/Icelandic Krona (FOREX:DKKISK)
Long-Term Downtrend (-90) - DKKISK is in a strong downtrend that is likely to continue. While DKKISK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DKKISK?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKISK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DKKISK
The long-term trend has been DOWN since Oct 20th, 2024 at 19.984948
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 19.401087
The short-term trend has been DOWN since Dec 16th, 2024 at 19.510651
Smart Scan Analysis for DKKISK
Based on our trend formula, DKKISK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.450337 | 19.450337 | 19.450337 | 19.450337 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.450519 | 2024-12-24 21:00:04 |