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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Danish Krone/Indian Rupee (FOREX:DKKINR)
Sidelines Mode (+50) - DKKINR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKINR can gain 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 DOWN since Nov 6th, 2024 at 12.093141
The intermediate-term trend has been UP since Dec 24th, 2024 at 12.065453
The short-term trend has been UP since Dec 23rd, 2024 at 11.909155
Smart Scan Analysis for DKKINR
Based on our trend formula, DKKINR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.882540 | 11.920481 | 11.876446 | 11.915742 | +0.033202 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.882540 | 2024-12-26 13:49:18 |