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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Danish Krone/Indian Rupee (FOREX:DKKINR)
Sidelines Mode (-55) - DKKINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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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 Jan 20th, 2025 at 11.994988
The short-term trend has been DOWN since Feb 18th, 2025 at 12.163266
Smart Scan Analysis for DKKINR
Based on our trend formula, DKKINR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.194382 | 12.202066 | 12.128770 | 12.151407 | -0.042975 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.146474 | 2025-02-21 16:56:00 |