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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.
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MarketClub’s Trade Triangles for DKKRUB
The long-term trend has been DOWN since Nov 14th, 2023 at 13.010008
The intermediate-term trend has been UP since Dec 4th, 2023 at 13.330081
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).
| 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 |