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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Danish Krone/Russian Ruble (FOREX:DKKRUB)

Crossroads (+60) - DKKRUB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
13.465447 13.467807 13.251937 13.252884 -0.212563
Entry Signal

MarketClub’s Trade Triangles for DKKRUB

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 13.010008

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2023 at 13.330081

short term up The short-term trend has been UP since Dec 1st, 2023 at 13.220460

Smart Scan Analysis for DKKRUB

Based on our trend formula, DKKRUB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DKKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.465447 13.467807 13.251937 13.252884 -0.212563
Prev. Close Volume Bid Ask Time
13.465447 2023-12-08 05:31:39
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