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Forex Trend Analysis Report

Prepared for you on Saturday, July 31, 2021.

Danish Krone/Rwandan Franc (FOREX:DKKRWF)

Bear Market Rally (-75) - DKKRWF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKRWF as it may be in the beginning of a reversal.

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
159.85383 159.85383 159.85383 159.85383 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKRWF

long term down The long-term trend has been DOWN since Jul 7th, 2021 at 160.00947

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2021 at 160.00947

short term up The short-term trend has been UP since Jul 28th, 2021 at 159.41137

Smart Scan Analysis for DKKRWF

Based on our trend formula, DKKRWF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DKKRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
159.85383 159.85383 159.85383 159.85383 0.00000
Prev. Close Volume Bid Ask Time
159.85383 2021-07-28 21:09:01
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