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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 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
13.937114 13.941065 13.932058 13.938466 +0.001352
Entry Signal

MarketClub’s Trade Triangles for DKKRUB

long term up The long-term trend has been UP since Aug 13th, 2024 at 13.509768

intermediate term down The intermediate-term trend has been DOWN since Dec 8th, 2024 at 14.013707

short term down The short-term trend has been DOWN since Dec 20th, 2024 at 14.287078

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
13.937114 13.941065 13.932058 13.938466 +0.001352
Prev. Close Volume Bid Ask Time
13.937114 2024-12-26 20:38:54
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