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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.

FOREX_DKKINR
Open High Low DKKINR Price Change
11.202587 11.237210 11.168399 11.227364 +0.024777
Entry Signal

MarketClub’s Trade Triangles for DKKINR

long term up The long-term trend has been UP since Mar 2nd, 2020 at 10.839999

intermediate term up The intermediate-term trend has been UP since May 27th, 2020 at 11.176903

short term up 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).

+100
Smart Scan Analysis for DKKINR
Strong Downtrend Sideways 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
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