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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Indian Rupee (FOREX:DKKINR)
Countertrend Up (+85) - DKKINR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jun 4th, 2024 at 12.226000
The intermediate-term trend has been UP since Jul 8th, 2024 at 12.136519
The short-term trend has been DOWN since Jul 22nd, 2024 at 12.194313
Smart Scan Analysis for DKKINR
Based on our trend formula, DKKINR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.181312 | 12.194656 | 12.163428 | 12.183698 | +0.002386 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.181312 | 2024-07-26 17:02:13 |