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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.

FOREX_DKKRUB
Open High Low DKKRUB Price Change
7.724640 7.728778 7.724180 7.726221 +0.001581
Entry Signal

MarketClub’s Trade Triangles for DKKRUB

long term down The long-term trend has been DOWN since May 4th, 2022 at 10.134924

intermediate term down The intermediate-term trend has been DOWN since Jun 15th, 2022 at 8.031000

short term up 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).

-75
Smart Scan Analysis for DKKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.724640 7.728778 7.724180 7.726221 +0.001581
Prev. Close Volume Bid Ask Time
7.724640 2022-07-03 17:55:59
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