Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Russian Ruble/Danish Krone (FOREX:RUBDKK)
Bear Market Rally (-75) - RUBDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBDKK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RUBDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RUBDKK
The long-term trend has been DOWN since Feb 23rd, 2024 at 0.07286564
The intermediate-term trend has been UP since Apr 22nd, 2024 at 0.07522064
The short-term trend has been DOWN since May 9th, 2024 at 0.07499450
Smart Scan Analysis for RUBDKK
Based on our trend formula, RUBDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07545329 | 0.07545329 | 0.07466335 | 0.07473181 | -0.00072100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07545329 | 2024-05-09 09:02:19 |