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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

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
13.395899 13.408814 13.316140 13.380149 -0.015750
Entry Signal

MarketClub’s Trade Triangles for DKKRUB

long term up The long-term trend has been UP since Feb 23rd, 2024 at 13.734462

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2024 at 13.283321

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 13.295160

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
13.395899 13.408814 13.316140 13.380149 -0.015750
Prev. Close Volume Bid Ask Time
13.395899 2024-04-23 22:14:48
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