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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Danish Krone/Russian Ruble (FOREX:DKKRUB)

Countertrend Up (+85) - DKKRUB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_DKKRUB
Open High Low DKKRUB Price Change
13.416011 13.423195 13.326953 13.391498 -0.024513
Entry Signal

MarketClub’s Trade Triangles for DKKRUB

long term up The long-term trend has been UP since Feb 23rd, 2024 at 13.734462

intermediate term up The intermediate-term trend has been UP since Feb 4th, 2024 at 13.301408

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 13.365545

Smart Scan Analysis for DKKRUB

Based on our trend formula, DKKRUB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DKKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.416011 13.423195 13.326953 13.391498 -0.024513
Prev. Close Volume Bid Ask Time
13.416011 2024-03-28 06:52:25
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