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Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Danish Krone/Indian Rupee (FOREX:DKKINR)
Strong Uptrend (+100) - DKKINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Mar 2nd, 2020 at 10.839999
The intermediate-term trend has been UP since May 27th, 2020 at 11.176903
The short-term trend has been UP since May 26th, 2020 at 11.146423
Smart Scan Analysis for DKKINR
Based on our trend formula, DKKINR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.202587 | 11.237210 | 11.168399 | 11.227364 | +0.024777 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.202587 | 11.227290 | 11.227438 | 2020-05-28 11:22:00 |