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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Danish Krone/Indian Rupee (FOREX:DKKINR)
Countertrend Down (-85) - DKKINR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DKKINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKINR.
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 DKKINR
The long-term trend has been DOWN since Apr 12th, 2024 at 11.913908
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 12.024190
The short-term trend has been UP since Apr 17th, 2024 at 11.938980
Smart Scan Analysis for DKKINR
Based on our trend formula, DKKINR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.905710 | 11.937082 | 11.892770 | 11.906995 | +0.001285 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.905710 | 2024-04-19 17:02:46 |