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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Danish Krone/Rwandan Franc (FOREX:DKKRWF)
Sidelines Mode (+55) - DKKRWF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Feb 27th, 2025 at 198.21855
The intermediate-term trend has been UP since Apr 4th, 2025 at 209.94515
The short-term trend has been DOWN since May 2nd, 2025 at 217.89294
Smart Scan Analysis for DKKRWF
Based on our trend formula, DKKRWF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 214.29864 | 214.29864 | 214.29864 | 214.29864 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 214.29864 | 2025-05-04 11:00:59 |