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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Danish Krone/Rwandan Franc (FOREX:DKKRWF)
Weak Downtrend (-65) - DKKRWF is showing signs of a strengthening downtrend. Monitor DKKRWF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DKKRWF?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKRWF.
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 DKKRWF
The long-term trend has been UP since Nov 11th, 2022 at 143.74120
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 195.44786
The short-term trend has been DOWN since Nov 14th, 2024 at 197.73473
Smart Scan Analysis for DKKRWF
Based on our trend formula, DKKRWF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 194.14768 | 194.15133 | 194.14768 | 194.15133 | +0.00365 |
| Prev. Close | Volume | Bid | Ask | Time |
| 194.14768 | 2024-11-18 13:11:45 |