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Forex Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

Danish Krone/Rwandan Franc (FOREX:DKKRWF)

Strong Downtrend (-100) - DKKRWF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKRWF continues to fall. Traders should use caution and set stops.

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.

FOREX_DKKRWF
Open High Low DKKRWF Price Change
191.18555 191.18555 191.18555 191.18555 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKRWF

long term down The long-term trend has been DOWN since Dec 13th, 2024 at 193.80679

intermediate term down The intermediate-term trend has been DOWN since Dec 13th, 2024 at 194.14768

short term down The short-term trend has been DOWN since Jan 8th, 2025 at 193.18678

Smart Scan Analysis for DKKRWF

Based on our trend formula, DKKRWF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for DKKRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
191.18555 191.18555 191.18555 191.18555 0.00000
Prev. Close Volume Bid Ask Time
191.18555 2025-01-13 07:25:13
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