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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Danish Krone/Rwandan Franc (FOREX:DKKRWF)

Weak Downtrend (-65) - DKKRWF is showing signs of a strengthening downtrend. Monitor DKKRWF as it may be building momentum to the downside.

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
186.58815 186.58815 185.91587 185.91587 -0.67228
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 down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 186.17012

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 187.10724

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
186.58815 186.58815 185.91587 185.91587 -0.67228
Prev. Close Volume Bid Ask Time
186.58815 2024-03-28 22:00:10
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