Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Danish Krone/Indian Rupee (FOREX:DKKINR)
Long-Term Downtrend (-90) - DKKINR is in a strong downtrend that is likely to continue. While DKKINR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Apr 12th, 2024 at 11.913908
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 12.024190
The short-term trend has been DOWN since Apr 10th, 2024 at 12.085915
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.879454 | 11.887250 | 11.875832 | 11.884940 | +0.005486 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.879454 | 2024-04-16 01:49:49 |