Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
Danish Krone/Russian Ruble (FOREX:DKKRUB)
Long-Term Uptrend (+90) - DKKRUB is in a strong uptrend that is likely to continue. While DKKRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Dec 1st, 2022 at 8.596528
The intermediate-term trend has been UP since Feb 1st, 2023 at 10.387221
The short-term trend has been UP since Mar 16th, 2023 at 10.958324
Smart Scan Analysis for DKKRUB
Based on our trend formula, DKKRUB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).