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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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 Nov 6th, 2024 at 12.093141
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 12.131886
The short-term trend has been UP since Nov 18th, 2024 at 11.989788
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 |
|---|---|---|---|---|
| 11.984344 | 11.984675 | 11.951101 | 11.960293 | -0.024051 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.984344 | 2024-11-20 03:32:24 |