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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Danish Krone/Russian Ruble (FOREX:DKKRUB)

Long-Term Uptrend (+90) - DKKRUB is in a strong uptrend that is likely to continue. While DKKRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid DKKRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKRUB
Open High Low DKKRUB Price Change
11.029189 11.124797 10.998469 11.039862 +0.010673
Entry Signal

MarketClub’s Trade Triangles for DKKRUB

long term up The long-term trend has been UP since Dec 1st, 2022 at 8.596528

intermediate term up The intermediate-term trend has been UP since Feb 1st, 2023 at 10.387221

short term up The short-term trend has been UP since Mar 16th, 2023 at 10.958324

Smart Scan Analysis for DKKRUB

Based on our trend formula, DKKRUB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DKKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.029189 11.124797 10.998469 11.039862 +0.010673
Prev. Close Volume Bid Ask Time
11.029189 2023-03-20 09:56:01
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