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Forex Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

Icelandic Krona/Danish Krone (FOREX:ISKDKK)

Crossroads (-60) - ISKDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.05072072 0.05072072 0.05072072 0.05072072 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKDKK

long term down The long-term trend has been DOWN since Sep 3rd, 2021 at 0.04952120

intermediate term up The intermediate-term trend has been UP since Nov 18th, 2021 at 0.04973366

short term up The short-term trend has been UP since Nov 18th, 2021 at 0.04947155

Smart Scan Analysis for ISKDKK

Based on our trend formula, ISKDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ISKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05072072 0.05072072 0.05072072 0.05072072 0.00000000
Prev. Close Volume Bid Ask Time
0.05059920 2021-11-24 07:23:54
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