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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 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
19.714329 19.714329 19.714329 19.714329 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKKES

long term down The long-term trend has been DOWN since Feb 16th, 2024 at 21.804163

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2024 at 23.245182

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 20.972421

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
19.714329 19.714329 19.714329 19.714329 0.000000
Prev. Close Volume Bid Ask Time
19.700470 2024-03-19 22:06:42
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