Forex Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
Danish Krone/Russian Ruble (FOREX:DKKRUB)
Bear Market Rally (-75) - DKKRUB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKRUB as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for DKKRUB
The long-term trend has been DOWN since May 4th, 2022 at 10.134924
The intermediate-term trend has been DOWN since Jun 15th, 2022 at 8.031000
The short-term trend has been UP since Jul 1st, 2022 at 7.650540
Smart Scan Analysis for DKKRUB
Based on our trend formula, DKKRUB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).