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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Danish Krone/Kenyan Shilling (FOREX:DKKKES)

Long-Term Downtrend (-90) - DKKKES is in a strong downtrend that is likely to continue. While DKKKES 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 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.

FOREX_DKKKES
Open High Low DKKKES Price Change
17.984758 17.984758 17.984758 17.984758 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKKES

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 18.731139

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2024 at 18.795959

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 19.226362

Smart Scan Analysis for DKKKES

Based on our trend formula, DKKKES is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.984758 17.984758 17.984758 17.984758 0.000000
Prev. Close Volume Bid Ask Time
18.009492 2024-12-21 08:23:54
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