Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Danish Krone/Indian Rupee (FOREX:DKKINR)
Long-Term Uptrend (+90) - DKKINR is in a strong uptrend that is likely to continue. While DKKINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for DKKINR
The long-term trend has been UP since Oct 26th, 2022 at 11.134236
The intermediate-term trend has been UP since Mar 14th, 2023 at 11.894603
The short-term trend has been UP since Mar 28th, 2023 at 11.962606
Smart Scan Analysis for DKKINR
Based on our trend formula, DKKINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).