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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Icelandic Krona/Danish Krone (FOREX:ISKDKK)

Bull Market Weakness (+75) - ISKDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ISKDKK as it may be in the beginning stages of a reversal.

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
0.05142276 0.05142276 0.05142276 0.05142276 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKDKK

long term up The long-term trend has been UP since Oct 20th, 2024 at 0.05004666

intermediate term up The intermediate-term trend has been UP since Dec 18th, 2024 at 0.05155335

short term up The short-term trend has been UP since Dec 16th, 2024 at 0.05126374

Smart Scan Analysis for ISKDKK

Based on our trend formula, ISKDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ISKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05142276 0.05142276 0.05142276 0.05142276 0.00000000
Prev. Close Volume Bid Ask Time
0.05142228 2024-12-24 21:00:04
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