Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Danish Krone/Indian Rupee (FOREX:DKKINR)
Crossroads (+60) - DKKINR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Aug 5th, 2021 at 11.764813
The intermediate-term trend has been UP since Dec 8th, 2021 at 11.496380
The short-term trend has been UP since Nov 26th, 2021 at 11.295233
Smart Scan Analysis for DKKINR
Based on our trend formula, DKKINR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).