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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Russian Ruble/Danish Krone (FOREX:RUBDKK)

Sidelines Mode (+55) - RUBDKK 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 RUBDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBDKK
Open High Low RUBDKK Price Change
0.09525641 0.09570950 0.09466023 0.09567308 +0.00041700
Entry Signal

MarketClub’s Trade Triangles for RUBDKK

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 0.10428473

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 0.09129044

short term down The short-term trend has been DOWN since May 29th, 2020 at 0.09496945

Smart Scan Analysis for RUBDKK

Based on our trend formula, RUBDKK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RUBDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09525641 0.09570950 0.09466023 0.09567308 +0.00041700
Prev. Close Volume Bid Ask Time
0.09525641 0.09567308 0.09567308 2020-05-29 17:08:32
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