Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Russian Ruble (FOREX:DKKRUB)
Bull Market Weakness (+75) - DKKRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKRUB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DKKRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DKKRUB
The long-term trend has been UP since Feb 23rd, 2024 at 13.734462
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 13.283321
The short-term trend has been UP since May 9th, 2024 at 13.337125
Smart Scan Analysis for DKKRUB
Based on our trend formula, DKKRUB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.221845 | 13.404443 | 13.216412 | 13.369187 | +0.147342 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.221845 | 2024-05-09 11:01:13 |