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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

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.

FOREX_DKKRWF
Open High Low DKKRWF Price Change
162.14714 162.14714 162.14409 162.14409 -0.00305
Entry Signal

MarketClub’s Trade Triangles for DKKRWF

long term up The long-term trend has been UP since Nov 11th, 2022 at 143.74120

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2023 at 156.28085

short term up The short-term trend has been UP since Mar 17th, 2023 at 155.60736

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).

+70
Smart Scan Analysis for DKKRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
162.14714 162.14714 162.14409 162.14409 -0.00305
Prev. Close Volume Bid Ask Time
162.14714 2023-03-28 13:24:49
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