Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Danish Krone/Kenyan Shilling (FOREX:DKKKES)
Countertrend Up (+85) - DKKKES 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 DKKKES?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKKES.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DKKKES
The long-term trend has been UP since Nov 11th, 2022 at 16.513364
The intermediate-term trend has been UP since Mar 2nd, 2023 at 18.115677
The short-term trend has been UP since Feb 28th, 2023 at 18.001195
Smart Scan Analysis for DKKKES
Based on our trend formula, DKKKES is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).