Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
Danish Krone/Rwandan Franc (FOREX:DKKRWF)
Bull Market Weakness (+75) - DKKRWF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKRWF as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for DKKRWF
The long-term trend has been UP since Jan 13th, 2022 at 158.82748
The intermediate-term trend has been UP since Dec 27th, 2021 at 157.77703
The short-term trend has been UP since Jan 13th, 2022 at 157.99694
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 |
|---|---|---|---|---|
| 159.2271 | 159.2271 | 159.2271 | 159.2271 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 159.2271 | 2022-01-17 21:08:24 |