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.

FOREX_DKKRWF
Open High Low DKKRWF Price Change
159.2271 159.2271 159.2271 159.2271 0.0000
Entry Signal

MarketClub’s Trade Triangles for DKKRWF

long term up The long-term trend has been UP since Jan 13th, 2022 at 158.82748

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2021 at 157.77703

short term up 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).

+70
Smart Scan Analysis for DKKRWF
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Danish Krone/Rwandan Franc (DKKRWF) - Request Your Free Report.